TTH - no time to respond tonight. Indeed may not have a chance for a few days.
The only comment that I make now, off the cuff, is that for point 2 I meant "From 1 January" the capital raised has been $x.
the first tranche of convertible note funding was raised in Decemeber 2008, after the AGM but before the end of the year. Therefore, this raising was reflected in the Dec 2008 Balance sheet. I think that my meaning was clear in my post as I was comparing 2009 calendar year cash burn withy 2009 calendar year cash raised.
I agree - picture could be rosier than I fear. But I have my eyes and ears close to the ground.
Let's hope they ship and get paid for the $3 million of truscreen for the year, and let's hope that all those receivables from December have come in.
But even more - lets; hope that we get some news pretty soon!!
PLT Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held
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