Where is the money coming from: You might notice that the Government contribution to support us comes in during that period- nominally around $2m perhaps. In addition, we will have further income from our initial ongoing contract from SIOI. We also have the potential of meeting certain milestones towards our other grants. Current(new) management have also chopped substantial expensive dead wood from the management team, so arguably costs should have reduced as needed at this stage. I have been here a long time but have not often felt more comfortable. That being said, I want an update on the recent Serum visit asap and expect more info on our battery engagements after the Battery Show. It is time for clarity for shareholders.
ADO Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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