Ann: Quarterly Activities and Cashflow Report, page-133

I don't see any point in getting concerned until the ASX are concerned.

Listing rules require a company's financial position to be adequate to warrant continued trading on the market or will otherwise suspend.

What does that mean for us?

Well ASX reviews quarterly reports and where there are negative operating cash flows and it appears to the ASX it will not have enough cash to cover the next 2 quarters of operation it will send a please explain which is also released to the market.

I haven't seen the please explain as yet, so contrary to those saying we will be packing up shop in the next month or two I'm banking on VRC being around until at least the end of Sept. And if no please explain after the June quarterly then for the long term given this takes us past option expiry.