This is a significant material deal and another partnership for RGI, of which there have been many of this size and scale.
Simply, SP is not moving due to prior placement stock and these deals requiring due diligence and strategic binding commitments.
When all of these deals converge sometime in the future to delivery and sales revenue from these partnerships we will see something special to RGIs SP IMO
Management are doing an incredible job in setting up RGI for success securing IP and exclusivity, having an AgTech that is very disruptive, in a world where population growth is high and food scarcity is a serious concern.
The company is fully funded to move forward to exploit the significant global opportunity in this sector
RGI Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held