Great result. Just looking at cash and with the cash at bank, R&D refund and the cash burn rate it looks like we should have up to 6 months and then a raise.
$2.7m cash 30 mar
$2m R&D
$4.7m assets
$1.7 Cash burn to 30 June (if same as March)
$3 cash approx. at 30 June
$1.7 Cash burn to Sept
$1.3m at end of Sept
Just hope the raise is at higher prices.
GLTAH
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Change
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Mkt cap ! $5.277M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 555367 | 4 |
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