GoI approval in weeks instead of the previously stated 3 to 6 months means we get the 2.5 million in weeks which in turn must be the reason why no funding required this year.
Confounded. Must admit I was feeling very downbeat at where the sp was sitting. Immediately after the jv announcement I was very positive and did a detailed post as to why it was worth much more than Selan was paying. It was only the price action that made people think the worse. Looking much better now.
Got to be honest that I was completely wrong about him not mentioning funding. Excellent that none will be needed this year. Why isn't it going up more ?
It is interesting that in the announcement of the placing on 5th December there is no mention of ratification being required for those shares, only for the associated warrants.
It is hard to say how long that cash will last because we don't know how much cash they had left when they raised.
Elegance. Lol. You are probably right but I think you exaggerate my influence. No idea really what I will do. Depending on price movement anything is possible.
PJ. Whatever, I do isn't necessarily appropriate for you or anyone else. Who knows where it will be in a year or three ? Gla.