Ann: MSB Q3 Financial Results and Operational Highlights, page-110

  1. 35,472 Posts.
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    In 4 weeks, MSB likely to have close to US$60m left

    US$35m of that is locked up in Oaktree deal.(unavailable as min cash balance)

    US$25m free/available cash from July is less than 2 quarters (under MSBs own financial guides).

    the extra US$40m is under "certain conditions"

    If no partnership upfronts, CR likely Q1 FY23

    that's how I read it.
 
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