Ann: Quarterly Cashflow Report, page-2

Just under $10m left in the bank and current cash burn just over $2m a quarter

if that rate of cash burn is maintained shareholders should be further diluted from further capital raising in about 6 to 9 months

something to look forward to … not !

just remember they need to solve the chemistry otherwise PEN is not viable

….. until then the cash burn and capital raisings must continue