I believe the most recent time line prediction for the Endurion project is January 2023. The Carlton James Group made reference to a nine month timeframe as well back around April 2022. I am looking forward to hearing from Eric Bakkers on the CHS samples they are testing for a significant improvement in the semiconductor technology. Hopefully, the “soon” reference that MT made mention of equates to months, because CRTG’s current cash runaway is only about a year at this point.
“Stable Cash Runway: CRTG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CRTG has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 16.5% each year.”