Assuming, ASN spends $3m per month (last quarter it spent approx. $9m), cash balance as of now (end July) should be approx. $8.2m-$3m=$5.2m. Based on these numbers (assuming it's correct) expect ATM facility usage OR a CR announcement in August '24. Cash burn is one of the disadvantage of aiming for the whole periodic table instead a few.
Ann: Quarterly Activities and Cashflow Report, page-38
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