It is difficult to say on whether a cash call will be needed,...

It is difficult to say on whether a cash call will be needed, personally I don't think one will be needed this FY, but longer term unless things pick up there is a possibility. Jefferson took up the option to purchase 7Million+ at 0.537 in October which added $4.25M to bank balance and then there are some reimbursements due from tax etc. It was also reported that outgoings for Ananda Hemp farmer payments will be significantly lower in next 3 quarters as they have enough on crop material on hand to see out the year which if compared to the last three quarters of last year there will be a $1.6m reduction in that outgoing. The cannabinoid boom here in the US has been and gone only bright star is if the research when completed stimulates a bit of interest. Jefferson have good insight into the companies goings on and took up the 53c option.