Closing cash at 31/12/16: $26k
less costs for quarter ended 31/3/17 ($1,192k)
plus capital raised on 6/1, 24/1, 25/1 $1,205k (gross)
expected cash at bank 31/3/17 $39k
Note 1: $200k raised 25/1/17 all spent on "Advisory & Consulting Services"
Note 2: last raises at 4.5c. Tough to raise more at that level you would think.
Fingers crossed that the Chinese come through soon !!!
Ann: Appendix 4C - quarterly, page-7
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