With regards to Alexium needing cash, have a feeling that part of the negotiation with ICL will be to try and get some kind of up front royalty payment from them to help with cashflow.
It's still likely there may be a capital raising at some point but I don't think we should take that as given depending on how quickly the MOU progresses into a proper contract with ICL.
Anyway another box on the way to commercialisation ticked.
Ann: Alexiflam NF granted EPA Approval, page-22
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