Cash, Wow that is a difficult question, to explain properly it will take me forever.
I am sure they could make it, the only issue would be will they be willing to drop a QTR cashflow report that shows a CR is due. If they can get the NICNAS approval in April, they should have no issues. I think the latest NICNAS can grant approval is the 13th of May.
WG has indicated previously in his FEC that investors sell off once the QTR report shows limited funds, we know it will show nil sales. An ASX please explain (low cash) would cause significant damage
With the options being in the money, will Tywnam or Building exercise some options?
apart from them wanting too, I cannot see anyone else wanting too. Idjut? I am not planning on it.
I cannot see Twynam or Building selling any time soon. Building is meant to be working with us at GEIC, if they see no benefits they will most likely leave.
Firestop - it could have went through certification 18 moths ago, the only issue was it wasn't waterproof, which is a massive C up considering they wanted it to be used in exterior fire protection, that is why we have such a delay,
The certification process could be delayed due to limited funds,
I am disappointed by Best to a degree, I am glad they they worked out it wasn't going to be successful and moved onto a product that will use PureGRAPH. Looking at that from the other side, maybe that should have been a consideration as part of the due diligence process, Does is use PG. No, well why bother.
But then again I thought VFD would have been commercialised by now.
That does remind me, shouldn't we have a update on the 40-50% oxidation of graphene and to hear that the units have been successfully commissioned at GEIC,
