Ann: Response to ASX 5B query, page-58

with the lack of company news on finance - perhaps its all in the asx reply:so maybe

so maybe nows the time to interpret the asx response doc

• Release Date: 19/05/17 15:56
• Summary: Response to ASX 5B query
• Price Sensitive: Yes
• Download Document  627.98KB

Volt expects to continue to have negative operating cash flows for the time being until it can bring its project into production and commence generating operating revenue.

ok so they admit they will nun into some debt leading up to cash influx.

they got some on: On 6 April 2017, the Company received approximately $230,000 in an R & D tax incentive rebate.

and they have a big chunk coming dec: The Company also has 240,814,983 options exercisable at $0.02 on or before 31 December 2017 which are currently in the money. If exercised, these options would raise over $4.8m

other interesting statements:

As noted in paragraphs 1 and 2 above, Volt expects to be able to raise further funding to continue its operations and to meet its business objectives.

all the statements in doc are board approved and official reply - does this mean VRC wont be providing a financing update as its basically there in ASX reply?

tho they did say: Volt will update the market in accordance with its obligations under Listing Rule 3.1 if and when the Company resolves to proceed with any such initiative.

all food for thought....anyone care to offer their opinions?