What is driving MEM Share Price?, page-84

Thanks very much for the detailed reply Broadview. I like your figures better than my amateurish attempt (not posted).  I'm on my phone now, so can't look at the report, but I've got a few queries for you:  I also saw the amount of 200k in the bank, but elsewhere it mentions that working capital is only 35k, so I wasn't sure which one to use. Also, it was my understanding that 650 of the Peters grant was in FY18, leaving 350 for this year.  I am also worried that the report shows 220 million options with an exercise price of 0.002. This is too generous, so I'm assuming that the 0.002 is the price pre the share consolidation late last year. If I adjust for the 15 to 1 consolidation, it comes to 0.03 which makes sense. Clarification on this would be good. I agree that this is a very promising stock.