G'day FF,
I know you contacted BRN relating to the expanded deal with LDA.
Looking at the announcement today, it appears that they failed to mention in their previous announcement that the new funding package now stands at $50.2 Million. Minimum draw down of $12 M, which is covered in this call.
To me, this pushes BRN's cash runway out to a couple of years (not quarters). Throw in some licenses and the sky is all blue
Ann: Application for quotation of securities - BRN, page-36
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