Ann: Investor Presentation, page-17

If there was another CR to current share holders we would participate.

But lets recap on the cash.

https://hotcopper.com.au/threads/ann-appendix-4c-quarterly.4515805/

For the quarter ending Sept 30, 2018

There was 12.973 million in the bank.

The expected outflows for the quarter ending Dec 31, 2018 was 4.93 million.Leaving 8.043 million to start 2019 with.

So assuming the outflow prediction is correct (and we will know approx Jan 31, 2019) the money runs out between May or June this year......if zero sales.

But we have had sales and are expecting to have more sales.

The more sales, the less cash we use the longer the cash lasts and the further out the CR is.

If RFX can show quarter on quarter improvement in sales, then surely finding investors will not be hard.