Ann: Appendix 4C September 2021, page-11

At their present they are burning ~$2.1M in cash a qtr.
This qtr was pretty consistent with the last one so I'd assume it won't change dramatically next qtr.
Their cash inflow for the last 2 qtrs (which includes all of Bork) was $971k, but if you take the Bork sales deal ($750k) out of the picture their cash inflows (from sales) was just $221k for the past 6 months.
In May Paul talked to a growth figure of around 20-40% per month being possible... but they clearly aren't achieving that with their current B2C Reduit channels.

They still have a lot of positives though:

• They have just raised $4.7m in cash ($5mil less $300k in fees to CPS - plus some free options)
• Swisswell Lubricen has only just launched
• More cash shouldcome in from Bork deal (just don't know the timing)
  
• The holiday season is nearly here (more sales)
• New sunscreen range is on the way

I think it's a long term hold - but you may get some more near term price weakness as who knows what that (unannounced) substantial holder's plans are for their large holding.