So cash burn now 2 million a qtr and 2 more quarters just to finalise lead candidate (again) and wait for data pack (again). Jeez down to 2 mil in bank before we even have the final candidate. Surely there must be more going on than this after all the promises on last raise?
"The focus of the team in Q3 and Q4 2019 is to finalise selection of our lead candidate for clinical development (as described above) and to build out the data pack in support of demonstrating our ability to translate into humans the results that we have already obtained in animals. The elements of the data pack required to do this have been previously described (see Next Steps in ASX announcement of 27 Jun"
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