Yeah we really don't get a clear picture of cash on hand until we see what we're left with after all of the merger fees are deducted and TMT's funds are added...
The merger was expensive. Running costs for this outfit aren't cheap at the moment either so I desperately hope SP can climb higher on some good news this year so when the next cap raise is announced, $0.03c + would be a minimum starting point.
Excluding the possibility of more grant money coming in. Which I will exclude until it's clear what milestones are needed for the next lot and if we'll achieve them.
I don't expect needing more funds any earlier than late late this year, if this year at all, and hopefully plenty of uptick in the meantime.
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