Ann: Appendix 4C - June 2015 Quarterly Report, page-10

"cash burn has decreased quite significantly. "

How did you work that out?

But getting back to CR...

Their operating costs have increased by 300k.
They had 3.8m cash at the end of June.
That would leave them just over 2m now.
So the $6m placement will be carried out asap, and imo within tbe next two weeks.
The CR will be at a 20% discount to preceding 5 day average.
So unless the news on Tuesday is a doozy, and i jope it is, the CR will be between 5 and 6c.