Burcon NutraScience Corp T.BU

001 telling a new JV is coming - GREAT

[capitalraiser]

as we all know from the last reports - money lasts until 1 half of 23

so if NOW they would need new money it can only be for a JV

perhaps a second plant with another company as Merit

this would be a big JUMP UP

[Summer001]

No!!!! Burcon needs fresh money sooner because Merit is burning money every month and not generating the expected revenues. Burcon will therefore need money by early 2023 at the latest and will be forced to announce a capital increase in the second half of 2022.

[Transat500]

Summer001 is right about that. Unless a very good and promising  next quarterly report, Burcon have to start  to find new money and this will dilute furthermore BU's share price. The alternative is bankruptcy and insolvency in one year from now. We have to be realistic: not enough cash flow coming in. Good for shareholders to post here. Much better if you take the telephone and

[Dogsbreakfast4U]

Just like last year I expect Bunge will provide some funding in exchange for more of Burcons equity in Merit. As this rate Burcon "joint venture" will be just a small minority stake. Bunge will in the end have taken the whole thing over for a bargain. Tergesen should have been fired years ago.

[Alternative]

I agree with comment regarding Tergesen but disagree with everything else you wrote. Dilution is not the ONLY way to secure funding nor is having Bunge provide funding. There are alternatives such as debt financing although that is getting more expensive as interest rates rise. Or a rights offering AND debt financing. Bankruptcy and insolvency is just Summer and Dogsbreakfast bashing BS. We will

[Trendsetter]

Summer and Transat what would you say to the $10 million credit facility?  No need to dilute equity now is there!

[Transat500]

To Trendsetter. I think that the 10 millions credit facility is a GREAT news. Mayby a reversal from now on. 1. First, for sure, the need to dilute equity is a far less a possibility. 2. Confirm that JV is coming. 3. An insider believe in the story.  4. And finally, a competent CEO is chosen. So, BU under 1.00$ is an incredible bargain.

[Trendsetter]

My thoughts exactly ... will look forward to proof sooner rather than later. 

[Alternative]

Summer how in the world would YOU know if money needed because Merit not generating expected revenues??? Tell us how you know that?