toasty
Regular
I tend to agree. Why would they need to be in Australia talking to "investors" if there was no need for additional capital. Or is it that they have received so much heat that they are trying to placate their shareholders who, by definition, are investors in BRN. Yet another example of the very poor communication from the company. FWIW and DYORHi MRGDS
linked to your above posts including this comment from your post this arvo stating “Have just had confirmation from TD, that he and SH are indeed together in Sydney presenting to investors”
This got be thinking after your posts and posts from others later this arvo but from a different angle given purely TD informed you that were presenting to “investors”. Could Sean and TD have been talking to institutional investors to potentially invest in BRN from a capital funding raise due to a potential longer runway before solid revenue starts truly covering quarterly 4C costs with staff etc launching AKIDA ? This may also be due to remaining LDA funding may not be enough to support BRN current position with staff etc $$$ burn rate so may be considering a SP discount to initially pitch to institutional investors and then maybe retail investors etc as required to buy in to BRN on a discount to current SP ? Obviously existing retail investors wouldn’t like this as SP would most likely drop further to discounted SP for atleast a little while. I know couple of other companies on ASX in recent times doing the same to shore up the cash reserves due to expected / unexpected delays etc. I know of one company that has since rebounded back nearly 2.5 times the discounted offer price in the past few months to current SP. Happy to name the company if someone calls BS. Lol. It is a gold mining company
I know some may react quite strongly for and against my comments above with WTF, burning bin gifs etc.
Some may already have me on ignore without naming some founding members so will miss my post. Again lol
Just to confirm that I’m a committed BRN investor and wish all the best for the future on their investment in BRN.
Cheers
The Pope