Solid R&D Rebate
Cash end of December was $5.8M. Q1 Burn was projected to be $1.8M, Q2 Burn assuming a similar amount leaves us with around $2.9M come June 30th.
Plenty to see us through pivotal results and newsflow which will value ResApp substantially higher.
Ann: ResApp Receives R&D Tax Incentive Cash Rebate for FY17, page-4
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