RE:Going ForwardShackle, there are several 'boiler-plate' type statements in the MD&A that all venture-based companies contain. In E3's case, no capital raise is required during at least the next 12 months, which is contained in the statement below. If capital is raised earlier, IMO it will 'opportunistically', such as an offer from an end user to front major capital to construct commercial plant. This could happen at any time when field pilot is running and has proven the DLE tech in that scale in a real life scenerio.
From footnotes in financial statements:
As at March 31, 2023, the Company has positive working capital of $16.7 million and does not foresee a shortfall in capital within the next twelve months.