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Thred Launch, page-126

  1. 3,697 Posts.
    There's $227k in fixed costs to take delivery of the platform as launch ready by end of April. I can't access the recent announcement that stated cash on hand but it was reasonably chunky. Something like $2.2 mil remaining as at end of Feb was it? Provisions in place to raise an additional $3 mil at 2c by Hunters also?
    I can't access ASX announcements to check atm and I have a tendency to read things as they aren't lol..

    Cash burn has always been too high for my likings but that's just me. I don't see the point of putting your hand so deep in the cookie jar this early (referring to directors salaries more than anything) and paying exhorbitant amounts for "consulting" for a product that has been delayed for two years..
 
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