Hi CDCase, I don't know if I can help you on that query. I can only by what has been issued in black&white by the company secretary. If he has put zero $ for Development Expenses, then I can only suggest that there are no plans or necessity to develop anything. Same goes for the amount estimated for Other Capital at the current time. We have a fully operational plant that does not require further development. Now, would it be prudent to at least a little for these items to cover the "just in case" scenario? Yeah, possibly. Then perhaps an email or phone call to David Round to discuss would allay your concern, CD.
Again, as far as the profitability discussion goes... it is simple when assessed on the only disclosed information we have at hand from our last Quarterly Cashflow Report:-
$3,590,000 - 2,550,000 = $1,040,000
The $1,040,000 figure represents Profit. It is after taking into account the Con Notes, of course. That was part of the reason for the last Cap Raise. We are not going to be Cashflow Positive this quarter, as I stated clearly in my post. Hope this helps.
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