positive quarterly report, page-51

Thanks DS for answering re money levels, CR etc

TaneNui - One thing I personally look at in these companies yet to breakeven is annual burn as a percentage of market cap.

ADO as DS has mentioned have been exceptional with their cash management structure.

If you look at ADO's $2-3m burn pa as a % of total market cap compared to others on the ASX sub $100m you can see the attraction to ADO.

Some companies sub 50m MCAP have burn rates at 100% of their market cap - This is a disaster for dilution but not the case for ADO