I am on the greener side of the fence when it comes to the...

I am on the greener side of the fence when it comes to the capital raise. It was inevitable thus timing was better now than later. Why?

Multiple non-binding term sheets. Cash in the bank takes any leverage out of negotiating near term milestone payments. The interim results also create a mini bidding war for those who are serious in the licensing regions up for grabs.

Plus stealth mode on the Advanz deal, has also closed the another door.

All lining up for a US deal this year but I believe more likely in the next 3 months. Interim analysis would be the ultimate decider (i) where do we sign or (ii) yeah-nah leaning to the former!