AJX 0.00% 1.1¢ alexium international group limited

Ann: Response to ASX Appendix 4C Query, page-30

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    Their manufacturing costs to receipts have been running at about 35% in the 4cs - so if they have projected manuacturing costs of 1.7m that could mean about 2.7m in receipts so whilst not operating cash flow positive they could be showing negative cash outflows of only a couple of hundred thousand at end march.

 
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