What's the cash flow per quarter? Remember, dosing was limited to a min of 28 days between arms for the first cohort. That's not needed now, so it could increase. How much money was in the tank? How much do they need to keep from being suspended?
I dont understand what you mean re the .008c oppie. They were issued at a future date, at a higher price. I like that. But you can't rely on that money until until after the expiry date. Remember the .005c raise came up $2 million short of the total required. That also means 3/4 of those available oppies never got issured. Thats a $4 million shortfall right there. What was the target of this CR? Oh thats right $4 million. So if you took part in that .005c raise yesterday would not have been needed. Luckily Dr Bec took the bull by the horns and fixed that problem. I hope you write and say thank you to her.
We do know Dr Bec has said we need another three arms dosed before partnership can be discussed. But we cant stop while we wait for those discussions, right? we still need to be able to progress the pipeline and have the ASX needs addressed.
Your a deal making fella. Is it better to go into a negotiation as a suspended company, or one operating and still moving forward with the pipeline?
CHM Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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