Mate I don't expect a profit clearly, and yes I expect a LARGE drop when the market realizes they need to tap investors yet again, months off first sales and even then cashflow negative.
Where is the $10m from pre-sold product?
How much cash do you think they have at end of Q?
How much will they have at end of this Q considering ZERO income this Q?
Auditor wont be able to sign off on the books as is IMO.
Like I've said before, I'm waiting to get in, you tell me where the cash will come from to keep going and kick off exploration?
Debt or equity?
You've said yourself you don't like debt, I agree with that sentiment, that's why I'm confident equity will be the choice and that will provide my chance to get in IMO.
Mate I don't expect a profit clearly, and yes I expect a LARGE...
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2.0¢ |
Change
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Mkt cap ! $135.9M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.0¢ | $48.07K | 2.306M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 6572864 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 700000 | 1 |
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