talked with IR Thank you very much, Bobwins, for sharing your assessment. Those kind of insights really make this board useful.
I have to admit that I'm less sanguine than Sven Lorenz regarding the significance of Axmin needing to secure equity. Experience warns me that with funds running out, we could--emphasis on could--face a scenario where the share price tests new lows while behind the scenes, board members with sophisticated finance backgrounds and great networks--say, Axmin's Mr de Jong Weill-- arrange a buy out at 40% or so above the historic low at which they bought further shares at the last moment. I'm just extrapolating based on the experience I had with a venture company in October 2011, i.e., Tonbridge Power.
I certainly hope this won't happen--I'm long--but I am somewhat worried for the first time about Axmin, quite frankly. Hope I'm mistaken.
Best,
koenigsberg