The report read very well imo. Lots going on and a great outlook for this year!
Looks like the market is just waiting for the PaaS finance to be done as they have said it is close for some time now.
That would seem to then take $2.5m of the expenditure book which seems to include that original 900k spent on the last big PaaS contract which has already been spent too.
That would certainly relieve the pressure of needing a CR.
This next quarterly report will be telling imo. Let's hope they can get it all done then onwards and upwards from there!
Ann: Appendix 4E & Preliminary Final Report, page-13
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