Cash position still very healthy, $3.36m in the bank with a...

Cash position still very healthy, $3.36m in the bank with a potential extra $5.35m from conversion of options = total potential cash of $8.7m

Should be able to survive the next 2 years roughly on that alone, let alone revenue expected to come in from next year if agreements are reached this year as they are aiming to do. They've not missed a milestone yet so every reason to believe that will happen.

Current market cap assuming all the options are converted is $82m, which is probably about right, if not a little high (remember we're a R&D company still with no revenue, everything is based on hope at the moment). Should go up as we derisk and sign some deals.

Happy days everyone, stay patient and you could be rewarded big time

	Column 1	Column 2	Column 3	Column 4	Column 5
0	{colgroup}
1	{col=140x@}{/col}{col=100x@}{/col}{col=100x@}{/col}{col=100x@}{/col}{col=100x@}{/col}
2	{/colgroup}
3		Number	Price	Value	Expiry
4	Options	5,000,000	$0.05000	$250,000	16-Sep-2018
5		50,000,000	$0.06250	$3,125,000	1-Aug-2019
6		49,427,400	$0.03000	$1,482,822	30-Jun-2020
7		28,000,000	$0.01755	$491,400	1-Oct-2021
8	Total Options	132,427,400		$5,349,222
9
10
11	Cash held			$3,357,000
12
13	TOTAL POTENTIAL CASH			$8,706,222
14
15
16	ASX quoted shares	866,459,698
17	Shares not on ASX	576,355,785
18	Performance rights	17,304,545
19	Total options	132,427,400
20	Total Potential Shares	1,592,547,428
21	Share price	$0.052
22	Market Cap	$82,812,466