All this talk of bankruptcy is getting on my nerves.
We know they have enough cash to plan and negotiate Phase 1.
If they cannot get a loan things will be bad.
Nobody can say what will happen next
They do have shareholder approval for a placement so that is a strong likelihood. They got approval at the latest AGM. But they have to find an investor for the placement.
Apart from that nobody can really know. There are no guarantees.
CAN Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
