Let's have a guess.
My estimate is around 7 million (12.9 million cash and debtors by end of Dec 17 - 5.7 million cash and debtors by end of March). We will only have around 6-7 million cash left by end of March 18.
That will last for about 2 quarters. If the 18 million funding from HK won't be allowed to use in other divisions of the business. I wonder what will happen after 2 quarters??? In addition, we say that we will secure 18 million funding by end of Sep 18? 6 months from now will be end of Oct 18.
Any thoughts Guys?
Any thoughts?
How Much cash is burnt in Mar 18 Quarter?
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