RE: Pro-active video22 Nov 2022 15:32
Fully Funded he states? But only till the first 2 of his milestones are completed. As in at that point still a Million Miles away from generating any cash. Reminds me of the years we dredged along awaiting Tariff approvals etc. That never appeared, he sounded So sure then.
Lost faith here completely, its a Busted Flush for us holders, many currently holding way above 5p. If this ever creates any cash, by then, there will be over a billion shares in issue. I note Fletcher gets to buy again @ 0.6p, we don't. Plus plenty of Warrants thrown in to dilute us and insure the lions Share goes his way. If this has any wings, no guarantees as its Pengilly saying it has. Then being able to buy well under Offer in quantity would be the only likely way of ever breaking even.
More Money required in April with nothing other than a few nods from authorities saying they can use the Grid access points. Being the only progress.