GREY:MYMMF - Post by User
Comment by
BadgerMeon Jan 16, 2019 3:28pm
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Post# 29241567
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LOL - Sweet news release team -4%
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:LOL - Sweet news release team -4%They received one tranche of 1 million CAD, in the form of share dilution, at a price of 0.41.
They can draw UP to 25million, WITHIN a two year time frame.
IMO this is just funding to run their operations. Unless they can make us of 80% of the total amount to expand Laval. But the biggest question is Weedon.
I dont think they have been upfront and transparent as you say. Keep in mind Laval should have been operational and phase 2 done, giving them 37k sq ft. Weedon should have had 300k sq ft completed by now, using their first projections. Now they dont have 30k sq ft done at Weedon, and Laval expansion is a ? (they discreetly threw in the expansion costs and that they werent evcen sure if they are willing to expand Laval, into their interim reports last year) There is no funding/money to construct.
Come on Weebles, this is almost dead in the water