Also in relation to there 5 1/4s plan.
• the internal launch of our new rolling five quarter product roadmap;
With out cash inflo they wont get that far. Either cap raise or revenue needs to start asap.
Has $6325000 available, plus incoming R&d grant lets assume year on year same... so add $2022000 to that.
We have $8347000 going forward...
Lets work on 1/4 burn rate for all 4 same as forcast for next 1/4... $1678000
$8347000 ÷ $1678000 = 4.97 1/4s of money available.
So where too from hear? Cap raise sooner then later?
Ann: Appendix 4C and Business Update, page-9
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