Ann: Completion of Retail Entitlement Offer, page-11

12 months?
There is only 3.3 mil going to working capital, thats going to last 6 months at currents rates at best guess
With the rest going to a production ramp up

2.7 mil for "Develop increased manufacturing capacity and enhanced capability for
increased sales opportunities of current products and new business
opportunities"

Admin cost is 500K

as per section 2.3 "use of funds" from the retail entitlement offer page 9

I just wonder if the 2.7 mil is being used for completion of TKF machines for JV, a ramp up of D523 or for more production of test parts.
Probably a mix of all 3

Either way it seems TTT are planning a path out of financial doom with D523 sales and completion of repkon JV in my opinion.
It remains to be seen if Triton, BAE and or Boeing become the customers and saviours they keep showing themselves to potentially be