high production costs?, page-12

"It's the production costs I am concerned with. Last quarter, reciepts from sales were $427k but production costs were $610! Including other costs, ie admin, the net operating cash flow for the quarter was reported as -$637k."

production costs for Sep Qtrly: $735k
production costs for Dec Qtrly: $610k (down 17%)

Production (tonnes) for Sep qtrly: 1124
Production (tonnes) for Dec qtrly: 1351
Production (tonnes) for Mar qtrly: ~2000

sales for Sep Qtrly: $45k
sales for Dec Qtrly: $427k
sales for Mar qtrly: should be greater than $427k?


"Estimate cashflow for next quarter totals -$800k.

This concerns me - if I were to buy, will there be a further capital raising if cash runs too low?"

Cash on hand: $2,155k (including placement)
Less $800k expected cash outflow for this qtr, should have ~$1.3m