“WHEN DO WE GO CASH FLOW POSITIVE ???
For example, 1st quarter 2018 calendar year ? ... would make the next AGM in May a cracker!
but will it happen?”
Sorry to have to say but Q1 won’t be the one - in fact it’s likely to be a bigger cash outflow than the last quarter. Given the last quarter had relatively low revenue, there won’t be much left over to collect as cash receipts. Revenue in Q1 would have to be stupendous in order to go CF+. Check the projected cash outflows for this quarter - they’re up quite a bit. I don’t think we’ll see the first real 4C improvement till next quarter (April 30th reporting)
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