wubing,
Unfortunately that's not correct. By 30 September 2014 they had circa $30M in trade payables and little cash in the bank. A principal instalment was paid in October from the equity raising.
By all calculations they will be net cash zero again by 31/1/15 (cash in bank equalling trade payables), and another raising will be required by the end of March 2015.
Ann: CEO Presentation to Shareholders, page-7
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