500k per annum in royalty revenue from Australia is the...

  1. 35,661 Posts.
    lightbulb Created with Sketch. 2315
    500k per annum in royalty revenue from Australia is the prediction (then the world)but that will take some time so in the mean time the company is going to keep burning cash and the sp is going to keep going down I am guessing. sp trading well under new rights issue price so I am not expecting many rights to be taken up nor the company to go for very long without another placement
    Good long term prospects though
 
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