4.5M @sept. Est 2.1M burn in DecQ, est 0.9 burn in JanM. Submission was flagged in Jan. That takes us down to 1.5M per prev post.
New EMA assess date 26th Mar..so the company isnt going to make it unless something av. QoQ expenditure is curtailed.
If I was a SH I would want to know if we actually submitted on the 19th of Jan per schedule. If yes, cash burn may come down sig. but they'll still be short, hence CR is a misnomer.
TIS Price at posting:
30.0¢ Sentiment: Sell Disclosure: Not Held