Hahaha oh man, 3 quarters of cash left at current burn rates,...

Hahaha oh man, 3 quarters of cash left at current burn rates, study will continue to run to around 1.5 - 2 quarters, that's before data validation and submission to US reg authorities - and reg submissions in the US are neither cheap nor fast so that's a few more quarters at least with some additional costs

Soooo.... yep, that's how I get 'the idea' the cash at bank might be a little thin and likely to run out pre-revenue generation.

And the cap raise later in year at much higher share prices at a premium? Well that's just pure speculation isn't it? Cause if you could accurately forecast that with any degree of confidence you'd be liquidating the portfolio and putting it all on RAP and somehow I doubt that's the case.

Course, I'm just a gen-y with no idea how to do 'research' so don't worry about any of that : D