As a former LTH you would probably recall that RD has provided credit facilities in the past for several years up to $2m.
From memory, I don't think these facilities were ever drawn down, or if they were, it was never much.
Whether it's a lifeline remains to be seen.
In the interim, it's there if it's needed and/or allows the company to buy time and see what unfolds. I'm sure they will need to do a CR at some point prior to Xmas, but hopefully they can do it at a time & price that's better suited.
Clearly there's a lot riding on Rhinoswab in the short term.
cheers
RNO Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held