What in this report isn’t good enough given it refers activities...

What in this report isn’t good enough given it refers activities for the business year of 6/22 to 6/23. The cash situation hasn’t changed as per the previous Q of 31/7/23 where they have funding for 2.6 quarters plus an additional $200k from the oppie conversation. Other than Nodis trials expected before end of this calendar year the rest of the information is well known to the market.
Btw a company spending money tells me one of two things:
(1) a business expecting to grow needs to recruit the right personnel and thus increase their expenditure or
(2) they have no idea what they are doing and it’s just a cash cow for the greedy board
Do you really think it’s the latter given they are currently participating in Govt trials with 4 different countries plus had secured over $4 mill from both state and federal grants for various research and development projects including their Murdoch Greenhouse. Not to mention have developed its second generation technology which from all reports is the best on the planet.