Cash Burn v Placement v The Future18 Dec 2024 12:17
Been having a think about how things might play out for PHE/ENG based on where we're at, and the general census of opinion. Everything I consider ends up with the same conclusion.
If the tech is proven, consistent, reliable and measured output data captured, and in quantities which make it all worthwhile then customers will no doubt follow.
Until that time there's all operational costs to cover, although with all kit being paid for already, as informed by Paul, then them costs could possibly be covered by Engsolve cash generation.
However, if there was to be some sort of fund raise which would have an impact on short term sp, I see that as a temporary blip towards overall company growth.
It's getting to "squeaky bum" time and closer to in or out for a potential for rapid rise. I'd conclude by adding that phe will need to be very convincing to institutional investors should they go down that road, they would no doubt be doing some in depth analysis on exactly where the business / market is heading.
Best case scenario, should they require funds short term until eng themselves can perhaps generate the income that covers the whole business in my view would be a typical business loan. Perhaps the grant avenue is still something that phe can benefit from somehow, at some point.