Firstly, what makes you think the loan needs to be repaid this quarter??
Secondly, you're omitting revenue from the conversation. There was $0.49M in revenue last half (including $0.36M last quarter) and I'd expect that to increase this half. That will keep the net cash position above $1M and will almost certainly mitigate any need for a CR. It's likely going to take some time to build up but the company looks like it's doing all the right things. There's no need to be so glum (unless you're trying to convince people to sell to you cheaply).
From the half yearly report:
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