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Ann: Monthly Activities/Appendix 4C Cash Flow Report, page-4

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    66.3 quarters of funding left from $1.923m in cash at bank??

    What a load of creative accounting nonsense. Exclude the one off government R&D/export grants of $719K received in the Dec quarter, the Co is burning $672K per quarter on staff & admin/corporate costs alone (not including R&D).

    $1.923m cash left is not even 3 quarters of wages & corporate burn.
    Last edited by camban: 25/01/23
 
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