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18/03/25
13:34
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Originally posted by Cornell11:
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Appreciate the above TA, major concern for me is the threat of another Cap raise. Very surface level look at the numbers here and would love hear others opinions. ( I remember a cash flow chart being posted a while ago?) 7m cash in the bank with 4-5m cash burn per year, I’m also assuming R&D expenses will go up for the the 11m anode project over 3 years. As the weeks go by it’s looking less and less likely that the shortfall shares will be placed or the options from previous CR will be in the money. QLD grant Arena grant (wouldn’t expect anything soon) SII taking more than the minimum / increasing purchase vidcare signing a take or pay CET signing a deal with anyone on the “near term” slide of the half yearly presentation. How many of these can / will happen to avoid another CR ?
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The shortfall shares werent placed and are off the table