Ann: Full Year Statutory Accounts, page-53

Some observations:
The estimated cash outlay for the Sept 18 quarter in the most recent June 18 quarterly report suggest only 3 and a bit quarters of cash after 30 June 2018, unless CAT take up options. Only then do we have FY2019 fully funded with zero $ for FY2020.
Hardly a great position to stake a claim that there will not be a CR in the near future.

The financial report ending 30 June 2018 does not have any guidance in it on future expected cash outlays or inflows.
Page 18 of the PDF says
"The Company anticipates a further increase in employees during FY19 as it moves to complete the Hadrian X programme and progress research and development projects relating to other applications for DST"

So higher staffing costs to come in FY19, putting additional pressure on the cash position.

Page 38 of the PDF says
"The Company held cash and cash equivalents at balance date of $21,956,657 and was working capital positive. The Company has prepared a cash flow forecast for the next year"

That 7 mill ATO money has already been factored into the books to June 30 2018. The cash balance is $22 million. So unless there is more ATO money to come in FY19 and nothing in the PDF says there is going to be more, so that $22 million is it. Until CAT decide to take up their options.
Also important in the above quote is that the Company has prepared a "Cash flow forecast". Awesome (but expected) that FBR has done this......but where is it? The PDF doesn't contain this forecast!!!!

So I am with still Hokey. There will be a CR before June 30, 2019. FBR are probably hoping for a share price increase from Build1 that they can set the CR on.

Now to the plus side, and if posters had bothered to read the report instead of having a unseemly hammer and tongs go at each other you would have commented on it by now.
Have a look at pages 62 through to 65.
This section talks about Share Based Payments.

Most of these Class A payments are scheduled to expire if the following hasn't happened by Sept 30, 2018.

"Successful and fully operational completion of build of the Hadrian X by 30 September 2018. Hadrian X to successfully demonstrate key features as outlined in the Hadrian X launch Video."

Most of these Class B payments are scheduled to expire if the following hasn't happened by Nov 12, 2018

"Upon successful demonstration of the Company’s robotic home building technology as proven by the construction of a Full Home Structure within three (3) days from commencement of construction by the Company’s robotic home building technology on the site."

Therefore we can expect to see an announcement prior to the end of Sept 30 that the HX is completed/operational and FAT is complete, and within a matter of days from that announcement we can expect to see a demonstration video of the HX.
We can also expect an announcement before November 12 that BUILD1 is finished.

So can we please reduce attacking each other and comment on the 79 pages that are in the released PDF?