NOR 0.00% 4.8¢ norwood systems limited

Ann: Quarterly Cashflow Report-NOR.AX, page-56

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    "With $2mil left in the kitty and cash burn of $1mil a month if a CR was on the cards then the wheels would be in motion now as they wouldn't wait until they had a million left. "



    Assuming this.... if there was NO CR announced within, say, 2 weeks.... would this mean that a contractual CASH ADVANCE UP FRONT deal with a telco might be close enough to avoid that CR altogether.

    How much in advance of being "broke" would notice of a CR need to be?
 
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