All very valid and insightful points people.GiddyYup they also...

All very valid and insightful points people.

GiddyYup they also have an extra 150k from Bullseye that you didnt factor in so that will buy us an extra quarter. Not much difference i know but hey, every penny counts.

I also hope that theyre operating costs are a little lower than 160k pq as they made the finance director redundant and correct me if im wrong but we have a smaller board now than we did 12 month ago is that correct?

I honestly hope they go all in with FP. Id prefer this to much more dilution and another project. I know in the long run it keeps the company alive but at such dilution i'll be lucky to ever see even 10% of my initial investment back.

Id also like to see some directors buying shares at this price.

Wouldnt that show a vote of confidence. They clearly dont see the ROI :)