technical update, page-66

AHZ did a CR even with 7 million in the bank.
Just 15 days ago. They would have been covered for the foreseeable future but still did it.

The best time to raise money is when you don't need it.
I agree that Glyn dodged the question each time. Also RD is never paid upfront. It is a general misconception that RD is paid means they will give us advance money to do RD.

You have to come up with your won money to do RD. Then they validate it , scrutinize it and pay with discounts.

Further to which if the cash burn rate remains $120K forget any significant growth. You have to spend money to make money.