Ann: Confirmatory Results from Ohmgebirge, page-27

I smell a bad smell, and it's coming from you I'm afraid.

In the last quarter we've gained $3-4m from options exercising (at a guess), and we've allocated and / or paid for most of our costs up to the end of the FY.

However, if there is a capital raise within the next 2.4 quarters, as you hypothesise with the exhaustive evidence that you have put forward, then I think it would be fantastic. Because that would be the capex required in order to put Project 1 into production, and to fund the $8-10m required to prove out project 2.

Personally, I think our next CR will see us laughing to the bank