Thanks for your reply...I think they have been burning about $5 million / yr...so they have still got cash to keep them going for a while.
So we have the prospect of a $75 Million grant and a few years worth of cash...I don't think it's all doom and gloom just yet. Worth holding then re-assessing in 6 months time.
If I had spare cash I'd probably buy more with a share price at < $1.
All IMHO.
gdy, page-7
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