Psy stated they have funds for 12mths. They have also alluded to being in discussions. If we have a cap raise it is clearly not for operational costs but to take lumimems to commersialisation which if they raise say 4 they can also apply for a commercialisation grant to increase that figure. 4m is more than enough to commercialise the product and start field testing etc. IMO and from my experience in R&D
Announcement confusion, page-13
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