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Expecting this to drop today as we all know Friday's are the days for not so good news. I would tend to agree that any prospective raise will be unfavourable to those holding. Nevertheless, as you clearly highlight you are willing to see this through no matter what the financial consequences behold.
Oh, and you forgot to mention the statement below which has to be taken into consideration. There again this statement which was released wont fit in with your ramptastic agenda.
"There can be no guarantees that either vendor financing or offtaker financing arrangements can be concluded on terms acceptable to each party".
I would expect that funding news will be released very soon. LTHs understand that money is needed to move on and posting encyclopaedic posts isn’t going to change that reality. The discount will be sizeable to accommodate the prospective raise. Run for cover and grab your tin hats it’s going to be messy.
I see that more posters are agreeing that funding will be required imminently. I suspect the discount will be quite large if there's going to be a notable amount of funding. The wait should be over soon and then the uncertainty is removed with the lower SP… IMHO DYOR GLA..
You really are dim.... If there was 60M volume in the last 2 months it is not a given that everyday is a 50/50 split between buys and sells. The price range you state dosent matter if there are more sells than buys in that given period. For instance yesrterdays volume, 43k sold and 11K buy... hardly a 50/50 split! Now just wait for the next fundraiser, understood. STRONG SELL.
It’s looking very likely that as other members have stated funding will be required imminently. At what discount and at what cost to shareholders. The nervous wait and uncertainty looms, well you could play safe I suppose… IMHO DYOR GLA
Give yourself a shake and read your post again! You are stating that the volume is perfectly weighted at 50/50… Listen in the next three weeks there could be another round of fundraising to prop up all of these potential contracts/partnerships… funny how they can’t secure any respectable revenues. 🤡
Might hear something soon! Let’s hope any prospective fundraise won’t be too aggressive in nature. Why do you need to pad your posts out so much, you do realise most people just scroll past. See what tomorrow brings, gulp.
Theres been a drop in SP that blatantly points to a little uncertainty surrounding needed funds... Scot ramping away for his life trying to suck in new investors so they can lose money instantly. I agree, a 20% discount would be a fair starting point. Big risk and big losses..
Absolute nonsense, there wasnt more than 4 or 5 trades a day for over 6 weeks... theres between 25-30M sat in the background and you know it. As soon as there is any news theres a frenzy of selling. No one is buying is for that reason, why buy shares that are going to drop on news... DYOR
NO revenue, 10s of millions of PLACING shares still in the background, BoDs paid in shares, projects DELAYED, stringent cost cutting across all of the company, taking contracts with ZERO revenue.... Theres been next to no revenue since they fund raised at an enormous 84% DISCOUNT May 2023.. Hardly looking like an investment thats about to turnaround, IMHO DYOR GLA...
NO revenue, 10s of millions of PLACING shares, BoDs paid in shares, projects DELAYED, stringent cost cutting across all of the company, contracts with ZERO revenue.... Theres been next to no revenue since they fund raised at an enormous 84% DISCOUNT May 2023... You think that shouts out strong buy...🤣🤡🤣🤡🤣🤡
Not baffling at all. There is no revenue and 10s of millions of placing shares in the background and there has been for a few months. Any news will be heavily sold into, the slightest rise and wallop sellers. This needs contracts with revenue to get rid of the overhang until then under 4p, deal with it peeps... Strong Sell....