What folk fail to realise23 Feb 2025 11:55
What folk fail to realise is that EVEN if this shower of scuzzz was to somehow manage to progress Hydrogen, then it would be as nothing much more than the land owner that may get a very small royalty.
about enough to keep the Lifestyle company in hobnobs, but nothing more, they have no money, and even this paltry raise for what ?? £400k cost Pi humungous dilution, for a sum that is not investment funds, it is simply enough to pay themselves for a few months with some creative accounting.
Any cavern project needs £100's of millions to get it anything close to ready, and likely would need at least 5-10 year plan before it saw any return.
This bunch of losers ONLY use Aim as their own private gravy train, it will NEVER be able to raise even a tiny fraction of the funds needed. Ohhhhhhhh and forget trying to convince the world the UK gov will somehow be funding it, not a hope in hell, anything from the gov would only be forthcoming after a HUGE degree of due diligence, and that would result in exposing themselves to such a sham outfit. Not a chance !!!
There will be plenty more of what they do best, "confetti manufacture" with nothing but misery for Pi.