Money in the bank

So with an upcoming payment seemingly on it's way I thought I'd have a guess at our current position. A few posters have been pretty spot on in the past so let's have a crack.

Money at end of September was $1.9 with an expected $0.8 from r&d grant. Then there's our $0.7 from China and lastly I'm banking roughly $0.25 from WC which just cancels out the cash burn for the quarter.

So I think that will give us around $3.4million at end of Dec quarter.

The claim is for roughly $6 million AUD which is around 300,000,000 shares. Surely a settlement will be a fraction of the claim, maybe a combo of $$ and shares would be ideal. My preference it's a % of the artimist sale but that's unlikely because they are probably looking for fast cash.

Here's hoping for the best. This is all my guess work so don't take seriously, just keeping busy while the suspension is in place.