I did some numbers on worst case scenario of a large raise at a...

I did some numbers on worst case scenario of a large raise at a low MC whether options still had a chance of being in the money

i was satisfied that within the timeframe available a particular MC was still quite achievable

on that basis and considering it is also possible that if a raise does happen it could well be at a higher MC and therefore means less dilution which is a less bad scenario

the best case, either a large order, an offtake / equity partnership or commitment to volume purchase over time, or a royalty type deal either at a % of sales or where they outsource production at a % paid per tonne sold or something like that.. is also an outside but feasible chance

so I bought a fair chunk while they were still liquid below 0.008

they actually have an incredibly high quality product(s) but the market is very competitive.. soy, faba, chick pea, whey, etc all have protein isolates all competing but the beauty of WOA is it is not one of them, it is differentiated so is competing to 'replace' or 'offer a better alternative' to already existing ingredients

let's see.. I'm in I like it and I also see the challenges but they are primed for some sort of organic growth so I've put my money down.. bring it on