CZD 3.13% 9.3¢ calzada limited

Ann: BTM safety studies update , page-2

  1. 364 Posts.
    Can't complatin about the steady stream of good news, which IMO is unfairly not represented in the share price which was much higher on less certainty, but I think there is a high risk of a cap raising before too long based on historical cash burn and lack of potential to ramp up cash flow.

    Although I believe they will get an increased feed from Phosphagenic royalties over time, I don't think it will be enough this FY.




 
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