Sensational post Esh. I’ll just add that unfortunately without the Banksters a project like this simply doesn’t get funded. We can see the constant churn and the effective use of bots to drive the price down over many months but the other factor is that there is simply not enough demand volume at this moment to take the share price into a higher orbit. Does that mean collusion between the Banks, Brokers, Fund Managers to keep off each others’ turf??? Maybe, but Retail Investors certainly powerless to get the price moving it would seem.
In response to a previous post of yours, I do believe Management has run the project brilliantly. It has been one great announcement after another after another. Progress and execution have accelerated in recent months, and I’m unsure what else they can possibly do to protect shareholder interests here. They are beholden to the funding gods as is everyone else in the world, BUT, without the obvious progress and value they have demonstrated at M1 there’s no reason we wouldn’t be at 15c a share, or worse. I say Bravo to Management up to this point. Don’t let us down now with some cheap Capital Raise as there is no way raising in the 3os cent range can be justified given the progress this year and the demonstrated depth of M1. I’m with Silver Teen and prefer more debt to a cheap CR. I expect a pump maybe into the high 30s or 40c range before any equity component of financing is announced.
Also, @SilverTeenager , just beware the Capital costs will rise with the decision to increase plant capacity.
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