Good to see yet again substantial revenue growth quarter on quarter however it's super clear why the prior announcements on cutting costs was released before this announcement. 1 quarter left of cash runway indicates that the company was in dire need of cutting costs and a potential cap raise could be on the cards, but at a price of 3c, this would cause significant dilution.
This is my take on the announcement. Any other thoughts?
Ann: Quarterly Activity and Cashflow Report, page-2
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