They mention annual non-recurring items totaling $783k and expect outflows in next quarters to be in the range of $370k meaning 3+ quarters cash remaining.
There are very few shares on issue. Agree they may need to raise but I suspect dilution won't be large, as in maybe 10m more shares at $0.20 to raise $2m for example so 20%+ dilution.
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- Ann: September 2020 Quarterly Report and Appendix 4C
Ann: September 2020 Quarterly Report and Appendix 4C, page-4
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