Ann: FBR Financial Statements and Directors Report June 2023, page-7

"Subject to successfully executing key components of the Company’s Hadrian X® program, FBRintends to seed new Research & Development projects to utilise the Company’s core DST"

This has always been their intention. We all remember CraneGate.

Reading between the lines, "in my opinion" etc etc - we will forever be capital raising to chase the possible use case for DST.
Dilution will continue, salaries will remain high.

"Why dont you sell"?
"Why are you still holding then"?

86% in the red is as painful as 100% in the red. May as well stick around to turn the lights off