Ann: Quarterly Activity Report & Appendix 4C, page-10

Time to get this show moving. Time is a precious commodity…this is a race…RAC has the money now, so no dilly dallying!

I am not saying that RAC has to be impetuous and reckless, but I want it to treat time as precious as it treats its bank balance.

Is there anything RAC can do to speed things up? for example, that ethics approval?

RAC was valued at half a billion dollars not so long ago, yet only $850,000 was spent on Research in the last quarter!

In biotechs, R and D spend is kind of equivalent to revenue in a business sense…RAC is in the business of doing research!

Zantrene is the widget, R and D is the widget output….

I know NSW has suffered a slowdown due to omicron…


I hope R and D spend is much higher next quarter.