With the R&D rebate we'll most likely run out of cash end of June 2025.
So a raising will be required most likely april 2025.
Note; if the team announce a deal with an EV manufacturer then the SP i assume would be double digits considering the opportunity, would be better doing raising then.
Options would only give us an extra quarter anyway big deal.
Vote no to res 3
Note: that does not include any gov grants.
Cheers
M.oz
Ann: Operational Update - Clean Energy Technology, page-144
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