Rhetorical question: Is it not obvious that the "better opportunity" is a better funding, no share dilution, opportunity? It is obvious to me.
"Wasn't met"? It is still October and we have no idea how long the Eurozone will take to make the official MVTG grant news public.
Is it not clear that a grant application, "application" needs approval and thus is not a guaranteed source of funding, but in this case a high probability source of zero cost to shareholder funding?
So why call trying to avoid shareholder dilution by securing millions in external funding "irresponsible"??? Please explain.