No outgoings?
Really?
The last Half Yearly was a bit embarrassing.
According to wot, the $203k annual expenses have been [magically] reduced down to "nothing".
On top of that, have a look at the liabilities that keep mounting up.
You're in the crap house by $134M as of end of last year.
Carve up the USD$132M (say, let's call that AUD$180M even) for Mablam R&D expense compensation.
Then subtract the Clifford Chance fee.
Ka ching.
Then subtract the Burford funding fee.
(Appears to $250K per 1/2 - extrapolates to minimum $3M by mid 2025 allowing for Nabeba appeal).
Ka ching, ka ching.
Then pay off the Noteholders.
And your left with wot?
wot accounts to not much, that's wot.
Can't wait to see the 2022 H1 Yearly.
But sure, you have absolutely no outgoings.
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