People here are fixated on the burn rate. I’m not sure why.
AVR have been accelerating the spend in recent times to hasten timelines, that’s a good thing.
There is no panic to raise for at least 6 months.
How many positive announcements will be out over this time….plenty
Where do you think the price will be then.
Any raise required could be done in about 5 minutes, there would Funds in the US knocking on the AVR door just about every day….they all know what’s going on here with our disruptive tech and would love to be involved.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-33
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