thanks for explaining mate, based on that can we assume that total salaries are in the range of 1.5 M ?
Given that Australian government pays Zelira back 43 cents for every dollar spent on research, so total operating costs could be in the range of 2-3 millions so the current money in the bank should be enough for at least 2 years.
so is it fair to assume that there is no need to issue new stocks ?
I love ZLD but the constant issuing of new shares is a real pain point.
ZLD Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
