RE: So the market is still kicking DB29 Mar 2021 12:11
Q59: Due to cash burn are you contemplating a fund raise in the near future
It is not the intention to raise further funds and the directors will do all they can to avoid doing this.
However the presentation and the interims clearly outline the burn rate of the business and the current cash position. It is clear from these numbers that if sales are not forthcoming in the next few months then the Company will need additional cash to continue as a going concern and one likely source of that cash would be an equity fund raise.