I actually believe you might be correct this time, as Terry has always said that Spring is when he prefers to folds his cards. For a few reasons:

1- New investors are taking positions before the summer

2- Most brokers are around at this time

3- The US listing (this is still the key)

From the last LOI NR we know that the DD will be done by the end of June, with a finalization in August, so my thought is that Alda would want to get new audiance now, clean the market and raise the SP. Then before June try to seal a few million share financing along with debt.

Hopefully the SEC will be kind to us this month.

MMN