The reason the financials look so bad is because the last quarter of the 2015-2016 year is the only one that made sales to try and make up for the other 3 quarters of spending. Boring and bland report though, i'm hoping for a company update soon that is on par with previous updates. Almost looks like a deliberate attempt to drive price down... Even the formatting is nothing like previous ann's... but looking forward I still see us getting close to cash flow positive by the end of the year. By them saying 12-18 months its always better to under promise and over deliver. DYOR GLTAH
Ann: FY2016 Appendix 4E and Financial Report-M7T.AX, page-9
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