Where do you get the "confident regarding cashflows" vibe from? I didn't see any specific mention in there...but I may have missed it?
It's getting pretty tight....$11m with $5.5m quarterly spend gives them 6 months. You don't often see boards get below 6 mths runway, so either something comes out of left field or we're in for a car raise pretty soon. Cap raise would explain the share price.
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3
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