Adding some more. Fall in cash burn and R&D funds later in the year negate any immediate need for CR or raising by other means. In the meantime momentum builds and further small sales to customers to test and validate is all good in rolling out the story, and eventually a material contract will eventuate. AUD$80m mkt cap in the high tech space when the sector is front and centre of major developments that, despite the macro picture, continue along at juggernaut speed, ontop of the geopolitical situation.
BLG Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
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