Where did the buyer at 0.009 disappear too?, page-19

If that's what you base your investments on, then good luck to you.

Number of shares means jack shit... it's the MC that is important.

nask23 - I disagree, we don't need a "breakthrough ASAP". This stock is going to rise when it's good an ready and I don't think that's more than a month away.

The MC is only $6m. If Phase 1 offtake comes through, profits will be about a million a year, then Phase 2 will come online and add several more million a year.

It's not like the company are going to just continue issuing shares until there are over 2 billion and not actually try to go into production and achieve some milestones.

Management are heavily invested in this company and are looking at losses of 90% atm. They are working hard to achieve something no other Australian company has achieved in India ever.

If the possibility of issuing more shares over the next two years is a big deal to you, then you should probably avoid every spec stock on the ASX.