8.69 million in the bank with 830k spend this quarter......is not 900k annually, just pointing it out.
So far for the 6 months they have spent ~ 1.2 million.
Interesting to compare the last 2 quarterlies.
R&D spend up 176k from last q.
Staff cost down 11k
Admin + corporate costs up 69k.
I like the R&D spend is ramping up not the admin costs so much but we do need the required experience to take this forward.
One thing I am a little peeved at is what are they paying Prof. Cripps??
I can find no mention of his pay.....anyone??
Ann: Appendix 4C Quarterly Cashflow Report, page-4
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