"How ECT funds itself between now and Dec?
They have around $1m in the bank. They are receiving $250K per month from LJ for the next 4 months.
So given their current spending, they will have survival money until Oct/Nov without the need to raise additional funding.
By then I expect the share price to be 8c-10c...so early exercise of options seems logical.
In regards to Arup, dont they first need to be appointed? So yes, they have not been paid anything yet.
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