They raised 1.7ml last week and have reduced expenses by over 200k a qtr. I believe they are now at 1.6m a qtr under normal circumstances but at this stage they have also reduced their salaries up to %80 until end of July i believe. So this qtr their expenses should be below 1mil.
They will then have another 2mil in cash flow which will last them till last qtr of year. This is without considering any new revenue.
Ann: Appendix 4C quarterly and activities report, page-29
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