PIQ proteomics international laboratories ltd

Ann: December 2024 Quarterly Activities Report and Appendix 4C, page-4

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    Yes, I'm not sure what I think about putting "NA" for the number of quarters of cash available.

    They're spending ~$2m per quarter.
    They have $5m in the bank
    They're not going to get another government handout until the end of the year.
    So they have 3 quarters' worth of funding if I'm being absolutely generous. Usually companies raise when they get to this point; at best PIQ have put it off for a quarter.

    They're currently pulling ~$1m/ year revenue. They need 10x that.
 
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