3m in the bank if all the CR is approved, and as taken at end of March, approx 1.2 outgoing per quarter at best if expenditure is contained. This means they either know they can easily raise another small tranche later in year rather than a large one now or that they expect significant revenue to commence by June heading into the 1st quarter of FY21. Interesting times ahead I guess, live sport income is obviously gone however archival projects and the new avenues may yield meaningful results by that time.
Ann: Appendix 4C quarterly and activities report, page-5
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