'Cash flow negative for some time', says the Chairman, page-10

Given that we're not committed to having a CR at all, nor to a timeline, it's probably a bit pointless to speculate about what the share price will be when (or if) it happens.

Looking at cash burn rates from the last couple of quarterly reports, and extrapolating an improving net contribution to cash flow from sales, I would be surprised if we need to top up our working capital within six months.  If we keep kicking goals the way we have the share price could be 30 cents by then, and the best option for working capital could well be debt rather than capital.