All seems that way.
My only comment is that at the AGM they said they have enough cash until Feb ( I think for memory - someone please confirm) and the have $300K + in R & D to come in as well as the ability to call up the $500K gaurentee which as they said at the AGM was enforceable.
They have pulled rabbits out of hats for years and no doubt the bottom of the hat is only full of shit however there just may be one more rabbit (2 but one by end Jan ).
Cheers
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