Did anyone notice that they stopped saying April 2023
Up to now the plant was to beperational in March, with off-take agrement calling for first dleiveries in April. But I have wondered how that could even happen. Now it is "Q2 2023."
"Mr. Jeff Sheppard, the Chief Financial Officer of Royal states, "We are pleased to have achieved this major milestone of being fully funded to first production, positioning Royal to deliver helium to our space exploration off-take partner in Q2 2023."
Go Arjae Systems.A lot rides on this little company.
This is a 20% dilution instead of a 10% dilution. Great news. What horseshit financing. Worse than the last attempt.