Dec12 Quarterly report lists cash balance at $10mn. The cost to run the show each qtr is approx $3mn.
Thus we can logically expect the balance at 30th June to be around $10mn-$6mn=$4mn.
Am I the only one expecting a CR around Apr-May13, when the cash falls down to around $5mn, or is anyone else also in the same boat as myself.
No position held by me. Your thoughts beautiful people !!
Have a great weekend.
DYOR
capital raising expected?
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