LOL am I being optimistic or are you being overly pessimistic?
1. It is partly up to Flanagan he is the MD, hence my comment that do you really think an operator of his expertise won't be able to source ~$45m capex to get this project into production?
2. You have no basis to say that BAT can't get funding without doing a cr? Especially to suggest it will be done at 5 cents. "can’t see BAT getting a loan in any form from any provider." Why?
3. The reality is all small caps need cash. I don't think I am being "nieve" at all (I assume you meant "naive"). You continue to assume funding is an issue however, you have no reason. How do you explain the spending they are doing on plant and equipment?
BAT Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held