Re: Exciting news
in response to
by
posted on
Oct 29, 2020 12:20PM
Well summed up Rainer!
In reference to the soon to expire warrants: To use an analogy from American football, time's running out, our team just scored but is still behind by another. The news release is the on-side kick. Its not enough to recover the kick, they still need to march it down the field for another score. Previous play selections have not worked well for the company. They need to come up with something fresh and relatable to investors. PR/IR needs to step up, analyst coverage needs to step up, social media (buzz), whatever it takes. All in order to translate the technical to the non-technical. Oh, and just a handful of days to do it!
IMO, the company is moving forward as expected, with all indications of becoming a success in the industry. Obviously, the only concern with the warrants are: How much do they need the money? Will loss of this potential cash somehow delay planned development or production timelines? etc.
Q3 report will be out in several weeks, financial reporting will shed some light on where they are with cash and possible NRE revenues, etc. and MD&A will re-iterate today's NR and perhaps we get some other info as well. Aslo, still time for some news between now and then, we'll see if they bring it!