AUZ - chart, page-4366

Look I agree to a point but development was 2/3 of the forecast expenditure and they had $3 in the bank in January + nearly $6m from the CR so even if they don't decrease the burn rate from $1.9m they'd still have around $1m in the bank come Dec.

If we get to end of Sept. and there's no sign of funding then we'll be having a very different conversation (if I'm still holding) but the current fear mongering based off the half-yearly shows that people either don't understand that document or are using the lack of understanding of others to create cynically FUD for whatever reason.

There's a reason the half-yearly is not marked price sensitive