Ann: Spectur Announces Record Results H1 FY 2019 Highlights, page-7

These points are very promising though:

• Moving forward with New Zealand distributor – low cost entry into new market.

• Research completed for limited US market trial - initial trial units now shipped to potentialpartner in Austin, Texas for evaluation.

• Targeting critical infrastructure sectors including energy, water and telecommunicationssupply assets, railways and other large infrastructure projects.

• Forecasting significantly reduced net cash burn for upcoming periods based uponachievement of sales targets.

• The board may consider debt funding options that may be used to accelerate Spectur’sexpansion plans, (having regard to the operational circumstances, financial position andmarket opportunities).

So despite them saying last time they are not actively seeking any business overseas they finally seen the light are looking for more business.
Cash burn on the way down, and very possible of a small amount of debt rather than a diluting CR, if they announce a debt plan it should be smooth sailing upwards IMO.