From the quarterly ending 30 March, TPD only has enough cash for 2 quarters.
This means it runs out of cash by 30 September (i.e. within 2 months)
With no revenue from Walyering, a CR will be necessary soon. The nothing announcements are designed to spark speculative interest.
The only question that remains is will TPD continue their trend of CRs at lower price than the prior one. If so, this would mean share price is headed below $0.14.
70 days until the cash runs out
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