3.8 mill in cash left despite the SPP of 2 mill and R&D Grant of 1.5 mill, 1.4 million was spent on staff and admin, the second highest spend since the company was created, not sure how they earnt all this cash?! 3.2 quarters left, and they will be needing to raise again especially conducting trials. Expecting another capital raise within the next 6 months.
Ann: Quarterly Activities Report and Appendix 4C, page-2
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