Could be an opportunity here. It looks like the $10M has been spent on the last quarter remediating. $2.926M has been received from origin, so I would expect a $3M R&D payment to be received this quarter. Someone has been dropping quite a few in the last few days.
The previous quarter had some negatives, mainly in the area of increased costs. I like that the director is more forthright than the last and is putting out more information (warts and all).
Market cap of $11.8 at 2.1c $14.678M cash with another $3M coming (if my r&D assumption is correct).
Ann: Appendix 4C - Quarterly-GDY.AX, page-5
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