Tuesday, August 28, 2012 8:08:56 AM
They need to sign an offtake for the EMD/CMD potential with a battery producer or a company in the battery business and asap, IMO.
If they don't sign one in the coming weeks, then they are getting very close to cash problems, and they won't be able to do a financing without diluting the company.
Just my opinion, but without an offtake soon, there is a very good chance of a consolidation of shares in the future.
Good luck to those still invested. Not bashing, as I've been in this situation before and I know how it feels. Hope things work out for the best. atb
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