Ann: Quarterly Report and Appendix 4C, page-12

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    Alcidion has a lower cost overall cost base (so far) compared to MDR (running at ~12mil PQ whereas MDR is around double this). Also has no debt outstanding. MDR’s cash position should be looked at in conjunction with their serviceable debt, so ~20 mil cash positive.

    You are right in saying we await ALC quarterly.
 
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