Can guarantee the reason for lack of cash is "delays due to Christmas holidays" or something along those lines. The only thing that will save management is if they confirm:
- Receipt of $3-5M in CASH in January
- An upgrade from the $17M in sales expected for CY2020
I expect we will see a January update before market open on Monday. The content will be intriguing.
Ann: Appendix 4C Quarterly Cashflow Report (Oct - Dec 2019), page-10
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