the Company has taken and is taking steps to raise further cash...

the Company has taken and is taking steps to raise further cash to fund its
operations. The Company intends to undertake further capital raisings as required
to fund its operations. The Company believes it will be able to raise further equity or
debt, if and as required, as exhibited by the successful completion of placements for
$200,000 each in February and March 2020 and a further $250,000 in June 2020,
and $100,000 completed in January 2021 and $120,000 in February 2021.The
Company also retains the ability to utilise an R&D loan facility during the 30 June
2021 financial year, which is accessible subsequent to the end of each quarterly
period through Radium Capital, subject to certain criteria being met. As at the end of
the March quarter the Company anticipates utilising $170,000 (approximately) for
the December and March quarter, which would be received in the June quarter. The
Company also anticipates qualifying for ongoing government Covid-19 allowances
in respect of some of its staff, at a rate to be determined, and is also negotiating
ongoing cost reductions including in respect of its lease and other operational items.