Hi Hottod,
That's the same wording from an article posted the other day by 'energy'.
"The June quarter report, due out next week, should show the company in a cash-flow neutral position (on a run-rate basis).
While Alexium shares have rebounded from their May low of 47c after the June update, investors in the main have been snoozing. But if the company gets its intended Nasdaq listing away, a wider audience might take a different view."
https://hotcopper.com.au/posts/26017692/single
Cheers
Ann: Appendix 3Y - G Rezos, page-37
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