TRL 2019, page-28

Hey Bud
Not trapped and not bitter.
Just telling it how I see it.
No point putting lipstick on the pig.
You can't keep raising at a discount when the share price gets to 0.1c.
$3-5M is needed in the bank for viability going forward in my opinion and the dilution will be horrific if they are even able to raise that amount.
Obvious consolidation will ensue.
All my opinion.
I would be interested in your predictions of how the next 9 months will play out though.