Hi @Glitterati. Nothing too negative but there are some points...

Hi @Glitterati. Nothing too negative but there are some points that we need to interpret.

$1.6mil R&D receipt imminent i one of the real positives and should get BIT through to the end of this financial year.

A second vibe though is that the update is not as "enthusiastic" as the last couple of updates. Qualification is that this is a quarterly cash flow report - and that will normally be more reserved.

What I did notice was that there is no longer talk about commercial negotiations or any indication that these are currently progressing. That is a departure from the previous three updates.

So maybe a basic update but more reserved with expectations this time around. Not negative but more neutral.