GM, do you mean you are not at all concerned about what might happen in the next week?
For all the years he's been right on the verge with competitive tension, Mark has been able to raise only $2m from one institution, Kingdon, so far. Everything else has been private placements and toxicity.
Even as the stock has plummeted these last 14 months, he still can't get traction with an equity investment. Progress with the feasibility study and EXIM has stalled as a result while he continues to seek capital.
He promised Stellantis news over 6 months ago.
Mark needs $1.4million in 8 days and the market seems to be betting he won't get it. And I can see why, he's been trying unsuccessfully for years. Are you really not worried?
I bought a small stake a few weeks ago betting that there would be some market optimism leading up to this deadline. Very curious to see what comes next.