not concerned about cap raise this year. Unless to fund large contracts. 31 Mar cash balance had about A$6m. Options funnelled another A$2.5m. So w cash burn for the quarter and I’m sure they had some cash receipts, we should be around $7-7.5m cash, that’s no bad. There’s another batch of options mainly held by SIBF and the investors who got in Dec 19 so that should bring few $$$ in as well so overall, looking very solid. I do agree that we need to see some commercial contracts signed soon to get us going!
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Mkt cap ! $70.70M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 56911 | 2 |
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