The bit we need proven16 Mar 2025 10:26
Use of Proceeds.
Hopefully it's 1 step back with this cash raise then very much 2 steps and more forward.
"The Directors have undertaken the Placing to facilitate an acceleration in the Research and Development activities of the Company, in particular to fully demonstrate the flexibility of the DMG process at the Company's Technology Centre in Bridgend,"
Not sure what the cost is to actually" tick this box" off, but thereafter there should be nothing holding things back, a proper and full working model with full data and validation available covering various feedstock.
Would be nice to here direct from PE via something like proactive etc with some sort of timeline to things. They'll have a plan without doubt, they'll know roughly what exactly the next steps will be, the order they're done, and likely time needed to carry out each step.
Get that information shared PE, cummunication needs to also be improved via regular updates on where things are at so shareholders can take some comfort in that the plan is on track.