Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?
Yes, the Company continues active discussions with strategic partners in Australia and overseas to support its Additive Manufacturing capability, including further equity investments and loan funds.
The Company has also received and is expecting ongoing receipts relating to cold spray machine orders, powder and consumables sales in the US, Australia and Europe. It also continues funded development work with key strategic customers.
Interesting inclusion into funding options!
Ann: Quarterly Activities Report - Q3 FY23, page-3
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