RE: Technical query13 Jun 2025 23:24
Nowadays £1.75 million is not a massive amount. Wages have to be paid machinery has to be used, Also if I remember correctly it was said no near term raises will be required ie have taken more than sufficient capital to carry out the work required. If I remember I saw this Steventon on Lenigas twitter account. He did say people are spreading rumours about further near term raises which are incorrect.
I personally would not have added another 2 million shares if the directors had not have bought in the fund raise. Anyway only God knows the future. We just watch and wait.