Got a reply from the CFO.
Paraphrasing:
1. $8.5m last quarter had many one-off costs (including GLP studies, and substantial new equipment for the Natural History study)
2. Confirms the $10m rebate, so they have $40m in bank as of July
3. Declined to answer about remaining runway (in months).
4. Stated company has no plans for cap raising.
5. Continues to work on non-dilutitve cash sources (e.g. partnerships and licensing)
My opinion: cash burn probably drop a little, maybe to 5-6m range. With next year's rebate, i think they will have enough to get through 8 quarters.
Got a reply from the CFO.Paraphrasing:1. $8.5m last quarter had...
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