Thanks Rapstar. 
it is difficult to see cash burn reducing in the sort to medium term. So, as you say, at >100m pa heading out the door, there is going to have to be some really impressive traction with all the sales pipelines to avoid another cap raise and dilution. 
Further to that, if they do not close some large orders soon it is going to be challenging to see how all this great science and promise of a night future is going to translate into a viable company. 
 

I have a moderate holding and am tempted to increase but will likely watch until evidence of cash coming in, even if that means paying a higher price. 
 

would appreciate others thoughts on the subject.