I personally believe the CR is a strategic move and a good idea...

I personally believe the CR is a strategic move and a good idea at this level.

This is a small interim raise to get them through a critical phase, post results there will be many opportunities in terms of how to take ResAppDx further.

By extending the runway it also means we will be in an overall better negotiating position when speaking with majors.

TK has always run a tight ship and smartly run the financials.