Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-71

I was thinking along those lines

Had he raised earlier I believe the $50m may well have been achievable ,, but with an MC of $15m , he would have to employ David Copperfield for that trick now..

The Science is where the Value lays ,,, ironically since the IPO which was at circa 30c "I cant be arsed checking this morning" and the Venture Capital raised being triple the MC , the Science continues to be proven and risk reduced from inception.... as the Company had progressed it has continued to fall in value which then with this lengthy broadcasted Placement it can now be classed as a collapsed SP..

36c to 1.7c ,,, cant really promote CHM as well Managed ..... some will of course ,, they may have gone to the Rwanda school of economics..NZT