Yes, they're a ripping into that last capital raising, however...

Yes, they're a ripping into that last capital raising, however it was always only ever needed to last until September. As outlined by Melanie Farris in the latest quarterly, the 4.4m spend was consistent with budget forecasts. The conclusion of the Lind Partners agreement a few months back 'was part of a broader strategy to position the company for a strategic partnership'. Back on March 20, Dr Collier said there would be key data in 3 months, a strategic investment or partnership within 6 months. Incidentally, while that research paper was out in a couple of areas eg. 7 million in the bank, Invion 's key personel... it's great to finally have some US coverage from an analyst with a Masters in Science.