RE: Uncanny IMO15 Apr 2019 23:49
2 to 5 years you say? and how do you propose they fund themselves during this time, without releasing something substantial very shortly... or is it okay to fund raise at will and then come to agm to ask for more ? and then what...
sorry but we are at... 680 mil ish, so, if we need to cash in the remaining 200+ mil for a pittance... then we will need to double share cap to 1.8 bil, to cover next 2 to 5 years?
and if we haven't made it to something saleable by then, well will we then consolidate again and continue on ?
in the mean time, we will continue to draw, salaries (know doubt with annual increases) continue with the crystallisation of shareholder value (joke) and not buy any more ourselves... and oh, keep pi's in the loop!
sorry but I want Val to succeed, but, not in 2-5 years, more like 2 to 5 weeks!!!
lets see some cash from 401 and a partner for 201 in the next 2-5 weeks and most definitely before the agm… ?
As having taken all this time to secure two letters of intent, (agreed Usa and Eu), however, until we know who these two Co's are and how much they are paying, and how long before the other four come on board, then...
who would bet against another low level cash raise ?
Satu showed confidence in her presentation, and I really thought George would have brought back the icing on the LOI rns, from the Usa… yet all we have is another Hardman report... really not good enough in my opinion?
Not going negative, yet!!!
But if cash raise rns is released BEFORE, the rns for 401 cash and details update and or an rns with agm date and resolutions to show us what they require... ?
Then, I will reconsider my decison wether to buy more, or cut and run, or indeed ask pledgers to counter any said resolutions, I do not consider to be in my and the pi/lth's best interests...
Because it is always jam tomorrow and dry bread today and its about time, this changed imo ?