IMM 7.02% 30.5¢ immutep limited

From the quarterly....$2.6M burn for the qtr aided by $1.9M...

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    From the quarterly....

    $2.6M burn for the qtr aided by $1.9M grant.......so would have been $4.5M

    without the grant.....

    Projected burn this qtr, over $7M, cost as trials and AIPAC expansion kicking in.....

    Bank balance +$21M......

    Therefore I offer the following and can others check my work if you have time...

    $21M at hand...projected $7M spend this quarter leaves $14M odd to kick 

    off 2019......Therein lies my question.......

    I have seen reports we have funds into 2020 but I struggle to see how $14M

    will get us through Q3 calendar year 2019 let alone into 2020.....

    I know milestones expected amongst possible further grants but they are

    not documented......

    Any thoughts?

 
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