Recent announcements, "Base Case" estimates were R&D $700k - A fairly significant bonus at $1.26m.. Let's hope their under-estimating continues!
Base Case has them funded for a minimum 12 months WITHOUT any of those expected (long awaited) "major corporate contracts" and $1M+ carrier deals.. Roll on the under promising/over delivering - The new NOR!?
An extra $560k for starters, then some contacts/deals..
It might be a long time before the CR choir chimes in again, if ever!
While 2c is a long way from comfortable for me (and ol' Unlucky), everything seems much more comfortable than 2 quarterly's ago.. when the price was double the current price.
Very lucky they got that $3.5m through in time, and not trying to raise it over the last month!
NOR Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
