RE: IM energy grant25 Feb 2022 11:09
Anyone heard anything further about whether or not a JR is still happening? That needs an answer one way or another before people start getting too excited.
The last placing was 22nd Nov and we were told it would be for this -
"intends to use the net proceeds from the fundraising to facilitate delivery of existing and expected new contract wins, and other higher value contracts in the Company's pipeline, as well as to:
· satisfy the performance bonds for expected near term contracts;
· provide for further capital expenditure across the Group; and
· additional working capital to support enlarged business activities."
Now just over 3 months on and nothing yet, perhaps their version of 'near term' is in the next 2 - 5 yrs??