Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7

Just reading the 4C again. It's interesting what they said about the UK RAT Supplier lodging an application with the TGA.

With BTNX we got the MOU, followed by the LOI, followed by the minimum order quantity - all the way subject to regulatory approvals.

However, with the UK Supplier there is no talk of MOU, LOI, Minimum order quantities - yet the application has already been lodged.

We know they've mentioned the sales pipeline with USD $50m in the negotiation stage and in China they can now produce 2.5m units pm.

I wonder if the next deal is just around the corner and it may happen close to confirmation of the BTNX deal?