RE: Out look2 Mar 2021 09:18
There are considerations with the loan as Scott is not paid, other than options at higher prices and he is putting up the sizable chunk of the loan. He is also the largest shareholder and aligned with us and our interests.
So in my view they have money for the side project £500k and the main project they raised £750,000 recently, have warrants for more money, historic costs to be reimbursed ($21million) plus potentially $6m more which provide asset value and then there is developers premium and other premiums to come as well.
They have also implied that part or all of the project could be sold which if only part should still be worth a lot more than today's market cap.