could this be it???, page-114

This has to be a capital raising either institutional or a placement with a big pharma. They've got stuff all cash left and at some stage the board has to act and that has to be well in advance.
No-one leaves these decisions until crunch hour except morons like the past Ventracor board who in my opinion should all be behind bars.
As l said in an earlier post today 5.5mill now, burning 2.5/mth and DrR grabs the first 20mill when fonda's on the market = no choice.