Previously, I thought we were fully funded to PFS? Why did I think this?
According to the Quarterly Report as at 31 March 2024 - there was AUD4.5m in the bank. Bridging finance since then was obtained to list on the NYZE / Nasdaq - no word on when it will actually list. The IPO may bring in AUD7m after expenses - it's a bit difficult to know with the "silence".
The Quarterly Report to end on June 2024, due by 31 July will be a very interesting read, especially with the apparent IPO news blackout. I gotta wonder what the cash situation is now, and the projected use of funds to the PFS stage - which I am looking forward to.
General Chat, page-7748
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