RE: New investor21 Dec 2020 21:40
a good question - and slightly depends on the herd momentum really. A CLN can seeming act as a drag, but if not too large makes very little difference.
There is $11m outstanding for 21st Nov 2021 of which half can be paid in cash (if I remember right)... so circa $6m converted to shares at a 10-day average rate at the time..... not that much dilution, and it is the dilution that seems to affect the herd.
Short term SP ... what is short ? My horizon is 3-5 years from here and I expect to be well over 200p by then.
Next year we have operational upgrades increasing production to (arguably) 5,000mtv. We may not have the electrolyte plant in operation unless the published gant-plan gets significantly revised. The biggest single event to change perception will be a move off AIM coupled with at least a softer re-brand emphasising Energy and Storage