RE:Pip is a closet optimist, shares out standing.Dragon
the issue is if ucore has to dilute to build smc
why own now if it does? Pps will be torn in half, possibly more. How does it tie in with other sources of funding? Which comes first is important too. Much rather dilute after they receive 10-20 million from OEMs, DOD etc. dilution price should be much higher, more palatable
that would be the hope Within a yr we should know if any other sources gonna pony up $$$ for ucore
i hate progress reports but I do expect one within a couple of months
probably nudging the goalposts forward. Sorta like commissioning expected to be complete by yr end and trials to happen after. It could be a long cold winter