Re: 5 weeks to warrant expiry
in response to
by
posted on
Oct 14, 2020 06:20PM
We could have some idea of Poet's cash burn in the Q3 report coming in november. Until then, quite difficult to really know when Poet will need to raise cash.
If warrants don't get exercised, it could mean that our next financing (if necessary) could be below 0,75$/share.
I know, a financing could happened north of 0,75$/share later in 2021 even if those warrants run out. But, in these times of great uncertainty, I'd much prefer that Poet get the money from the warrants being exercised and be safe to make it until volume production in the second half of 2021.
IMHO