RE: Here We Go!12 Jul 2023 18:23
I agree Gordon and hope this flourishes for everyone involved. Nevertheless, I will admit I have derisked a bit today on the rise… after rereading the last RNS again!.. I’m not deramping as I still have money in here but it’s a massive gamble at the moment..
“The Company understands that it has been awarded a grant of £398,000 for the production of cells at the UK Battery Industrialisation Centre. The grant is only accessible on completion of defined production and therefore has no impact on the Company's financial position. The Board is currently awaiting details of the award and the conditions relating thereto and will make a further announcement in due course.
As announced yesterday, it remains the case that should the Company be unable to secure additional funding within no less than the next three weeks, the prospects for recovery of value, if any, by shareholders would be uncertain.”