Where is the cash being spent at the moment?
As I understand it, a lot of the cash intensive research and development work from previous quarters should be mostly complete.
We've signed multiple deals, we're waiting on MB to get the grant and the company is also working to finalise a pretty significant funding package.
Surely there will be funds from that which would be due to the company.
Correct me if I'm wrong, but Chris said in a Crux??? interview that the long lead items for MB have been ordered. I'd assume that is for bigger ticket items, and this money will come back to the company in due course. I've got no idea how much that would be, but generally big things ain't cheap.
Anyways, let's see what happens, I'd dare say IF a raise is required, it won't be at lows.
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