Good summary aventurine, let's not forget the company has a very reasonable burn of $100k/month so I can not see them raising large monies at the lower price levels.
A small cap raise topping up the coffers while they go into licensing talks during the festive season would seem prudent to me and doesn't bother me if the SI's get it as we have all had good opportunity to top up when the price dropped back around the 2c mark a couple of months ago.
I am happy with the progress to date and the go forward plan looks good from recent announcements made.
DYOR
Eyeknow
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when is the next capital raising, page-6
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