Ann: Appendix 4C - quarterly, page-16

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    For the last few years I think its mainly been a matter of hoping the company reaches cash flow neutral/positive to minimise dilution in order for some sort of liquidity event to play out via China at some point. Fears over China relations and the never ending "war of attrition" with the NMPA makes us all cautious. But in my opinion this is the first 4c that shows cash flow neutral is sustainable and mirrors the sentiment that likely drove the insider CR last year that it would be the last BAU funding required.
 
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