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How Will Papyrus Australia Navigate Its 8.5-Month Funding Runway?
12:52am on Sunday 21st of December, 2025 AEDT
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How Will Papyrus Australia Navigate Its 8.5-Month Funding Runway?
12:52am on Sunday 21st of December, 2025 AEDT
Key Points
Net cash used in operating activities of AUD 65,000 for July 2025
Ending cash balance of AUD 303,000 with restricted funds held in Egypt
Available financing facilities total AUD 619,000, with AUD 250,000 unused
Drawdown of AUD 369,000 from Radium Capital under R&D tax incentive loan
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Papyrus Australia (ASX:PPY)
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