debate23 Nov 2021 08:19
Jamboy if you want a sensible debate perhaps we could review the NNN filings which show NNN have burned through £3M in 9 months, as below
NNN had £4,665,424 in the bank on the 31 December 2021
After year end the Company raised £939,225 net of costs through the issue of new shares as a result of the exercise of warrants and options. In addition £1,505,000 was received in respect of shares issued in the previous period.
So cash at year end and new cash injections amounted to 7,109,649.31 while balance as of 29 September 2021, NNN had cash and cash equivalents totalling £4,140,540.
There have been a few pay offs, cost of current staff and running a PLC is not insignificant so who has any thoughts one what have NNN done with 2,969,109.31 in 9 months?