RE:Another perspective I dont know Arvid, I'll play the devils advocate for this one. your premise says this Capital was raised as a precaution, expecting headwinds in the economy over the next year or so"
The Company already released they have enough $$$ for this year. .Speaking for myself and I think other longs, when the Pilot announces its a go in probably October of this year.There is going to be a line up of Big Boy Capital Investments. So this 5M remains chump change and wont be needed. If the Pilot has negative results the 5M wont matter E3 will be history. .Everything hinges on the Pilot Project.so anything more to say on Capital is redundant until after NR on Pilot Prj.
For sure this is IMHO.
Do your DD on this one.
again have a good weekend everyone.. I'm 10-7.