RE:RE: Aarman4Aarman4 wrote: Cheers TeamEddie, I just watched the video..... now to find part 1....
Yes, he states they have 2 years of funding right now, so this is very positive for me. Perhaps I will contact hem with the discrepency with MD&A unless I can answer it here(perhaps funding since??).
Cheers!
TeamEddie wrote: they have $36 million in cash on and and that covers the next 2 years, not sure what source you looked at but at the 19:41 minute mark the man who knows states it clearly
the MDA simply leaves the door open for share issuance if required. All companies say this. It's simply CYA. Sue is not out to dilute shareholder positions and so far has been able to spread the development costs with strategic partners. An small Order of 200,0000 units at say $1500 each would be a bummer to pass on if the company couldn't quickly find the cash to fulfil it. Also if the company wants to make an acquisition of another company they need the freedom to issue shares Share issuance is not always dilutive.