as per section 8, enough cash to last 3.5Q. If things stay the same, in 6 months time (april 2023) we will not be able to reply 'yes' to the question "is cash reserves sufficient to last 2 quarters"?
Im sure the powers that be will have a plan, but the timing is that the results from the 12 month follow up to the second group of study participants (which may attract additional funding) wont be available until June at the earliest.
Not concerned, but the official report from the study will be firm scientific high level evidence that could be used to attract investors/ progress other applications (TGA/FDA etc) will come a little later than is ideal. interesting times ahead.
Just my 0.02c ($20 post consolidation) worth.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
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