Looks like they wanted to go into a voluntary suspension ASAP as they knew this quarterly would be terrible again and therefore wouldn't have to deal with another drop in the share price. About 4-5 months worth of cash until they run out, not looking good. Now who is going to give them $20m I wonder....
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- Ann: December 2022 Quarter Activities Update and Appendix 4C
Ann: December 2022 Quarter Activities Update and Appendix 4C, page-2
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