I think you've made your point multiple times - thanks for the...

I think you've made your point multiple times - thanks for the warnings - if it's that dire probably best to move on as there are over 2000 other stocks on the ASX to post on especially on a stock you don't hold.

I always question why anyone would even gives a rats a$$ or waste any extra time time of their lives to post about a stock they do not hold nor care about especially since the situation is sooo dire ( posting 7am on a Sunday - I would say really).

A potential capital raise in the near future seems likely. I assume most here understand the basic principle: no funds, no progress. More experienced investors will be aware of the current cash position and the inherent risk/reward dynamic.

That said, if the company can secure a few deals big or small as it proves the technology, I believe many shareholders would be willing to contribute additional funds—especially given the disruptive potential of the technology. But this willingness depends on real, tangible progress, not vague assurances like “we’re close”.

Merrill appears to be actively cutting costs and working to extend the cash runway by a few more months in hopes of finalising some of these deals. The upcoming quarterly update should shed more light for investors. If the R&D rebate can be brought forward, it may provide just enough runway to get through to Q4 ( hopefully the shareprice will be higher or other partners may be willing to chip in).

Otherwise, we’ll have to accept the situation as it is

Cheers

M.oz