AXE archer materials limited

Ann: Quarterly Activity Report & Appendix 4C, page-8

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    payments for RnD, excluding wages for RnD is 534 000 for this quarter, year to date 1.8 million. Looks like we're on the way to maybe doubling expenditure here. A good sign I would say.

    Cash is at 18.2 million now. The status quo of getting a million from grant and a million from bank interest and chugging along has finally changed.

    Cicada Innovations has been brought into play. They deal with taking deep tech to commercialisation.

    Let's watch what happens ....
 
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