Ann: $2.5m R&D refund raises Ardea cash position to $11.8m, page-19

@ironlung I think that you will find,
Management has an attitude that NO preliminary announcements or indications of any deal will be made until the deal is basically done.
There will be NO OFFTAKE without a commensurate funding package, the reason for this is evident at AUZ where they have been left stranded and in severe financial difficulty.

Management are too smart to get themselves into a situation where they are at the mercy of another very powerful company, they want a deal that is fair, win win and sensible, taking care of all the necessary steps on the pathway to production.
Lets get real, an offtake is worthless without the funding package.

We have incredible resources, no one disputes this.
Patience will be rewarded IMO
RED