Not sure Hotdog. $2 million in contracts doesnt come close to covering the $6.44 million loss last financial year, which showed costs rising. The biggest concern for me is continually going to the market to raise capital, and management's lack of ability to secure/bed down contracts. We are spending a lot of money of money on securing next to zero contracts. Everything is in slow motion with this company, except how they burn through the cash.
Noggie Read disclaimer below
CRO Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
