Ann: June 2020 Quarterly Activities and Cash Flow Report, page-11

Yep - very solid result.

And very close to what my expectations were last week (see below):

If you include in the December 2019 quarter the $1.9m in cash receipts they received in early January 2020, the last 2 x 4C numbers would have looked a little like this:

Period Ending 31 December 2019:

Cash Receipts $3,298K
Total Outgoings $2,722k
Nett Incoming + $ 576K

Period Ending 31 March 2020:

Cash Receipts $4,002K
Total Outgoings $5,150k
Nett Outgoings - $1,148K

So would a cash receipts figure of around $4.85m and a small cashflow positive number be "around the mark"?

Or is everyone expecting Nett Cash Outgoings??

ACTUALS (4C) - So cash receipts of $4,352k and Nett Cash Incoming of $128k (including $50k Government Grant) is a solid result.

Obviously an investment in HTG is all about the future, and it sounds like there is plenty happening there