So why do you think that a CR is on the way???
If you bothered to have a half decent look, they completed a RI late last year (Dec)
They issued 10 million shares in lieu of payments which added another $200 k to their bank balance.
With all the work, admin, presentations etc the completed last quarter they only had a cash burn of $233,000 which leaves the $M1.2 in the kitty, they also have the option of utilising their 15% (161 million shares) placement and 10% placement (273 million). There IMO won't be any extra funds generated through options at this point in time.
So another CR soon, I don't think so.
IMO
Has anyone learnt, page-17
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