Can I ask what you think they would need a raise for?
We should be self-sufficient from here on out but still have a 4th CN to draw on if we needed.
2.8mil cash burn a quarter and 5 months until next auction. You don't think we will have 6mil after outgoings? Or the residual plus the 4th CN tranche won't cover the 6mil..?
I think we should come away with +10mil, more than enough to get us through until March.
MUS Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held