Quarterly result - let's be realistic

Thought I'd start off by saying I'm massively bullish on NOR. I think this stock is gonna be huge - my personal price target is 12c by Xmas. However with that said I feel like there may be unrealistically high expectations by some regarding the upcoming quarterly results which are due any day now.

The company has stated:
- Annualised revenue of $600k/year, but as far as I can tell this is for the month of October
- Previously stated at 400k annualised
- Breakeven at $1.5-2m revenue

From this one could estimate monthly revenues of roughly 400k/3 = $133k/mo, but this would be the maximum amount as it has grown to that 400k/mo figure. Assuming 100% cash conversion (which is highly unlikely, could be half of that), and two months worth of revenue (August, September) cash receipts should be around $260k. Based on gut feel I'd tip a lower number, closer to the $100k mark (just a guess, I'd be very interested to hear yours).

A very crude estimate of costs would be $1.75m/4 = $437k. Probably need to adjust that number but I'm gonna get some sleep and think about it again in the morning.

Very interested to hear what everyone else's take on this is.