Mhh,
Reading the past Quarterly,
Cash at end of Q is in fact 2 mil..( environment bond of 300k can't b counted) & there is an undrawn credit facility of 2 mil..
Cash burn last Q of 3.5 mil
Time is running out!
Even though the current market valuation is very undemanding & IFe has the potential to be strongly cash generative...
Maybe with all of the previous wasted money & more importantly . (Wasted Time).on Tugs etc they might sadly have left their run too late to finally get into production.
Good luck to all holders!
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