Well the quarterly says they have cash for 2.3q so if they spending is only $1m/q that's 4q if it's more they will keep going for another 3 months or so and then do the CR... there's no other way to get cash. If that's the case what's the issue price? Last time they did CR it was at 6c I think and I thought they had enough cash after the CR but no not the case here. I'm not sure what's their plan... issue shares at 1c?
Ann: Preliminary Final Report, page-6
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