Ann: Preliminary Final Report , page-2

Interesting to note that they have $18.8m left in the kitty, after having just raised $17m. They will have left their capital raising very late - almost like they expected something else to happen and wanted to wait until the last minute. It might have been the PGL deal.

Also, they have burnt $24.6m last year - whilst I don't know what the exact figure is for this year, I guess they may spend a bit less, but as we all know they will need other sources of funding sooner rather than later.