Ann: ePAT selected for CSIRO's ON Accelerator Program-MNQ.AX, page-47

Without checking the last quarterly it would not have been much hence the Magna convertible note, so they have raised last week $750k (oversubscribed by $250k) , $250k to be used pay out Magna which is great news , leaves $500k and change

Other posters have mentioned sale possibility of the existing resource assets which I think is the most logical outcome , one poster estimated this circa $1m so I think that is ballpark maybe mid $1m if I was asked , but be conservative and say $1m, leaves us with $1.5M upon disposal of the resource assets

Then of course I would expect at some stage CSIRO funding from their innovation fund and of course the $3M they are looking to raise for the float in 2 months . I think this is probably going to get raised easily and placed with Insto funds given the landscape of RAP ability to raise $12M