At the moment, cash is expensive and unprofitable small cap...

At the moment, cash is expensive and unprofitable small cap companies are wastelands. There is not much liquidity and sellers are struggling to sell if they want cash, so they have to push the price lower if they have to do so. There is not much to worry about fundamentally as I see it, if you are a long-term investor here.

Nobody knows when the news flow will come, but the business is working very hard to get the job done in the background. Just top up whenever we have cash available and stay patient I suppose. A great news can send the price double up in a day really. Or the change of sentiment in small cap companies can also drive the share price very quickly. It doesn't need much liquidity to change the whole thing. If there is a shift in sentiment, it usually just happens in a day, but the waiting game may also take months or even years. Nobody will know and nobody can predict.