Ann: Purpose Designed Innovation Hub for HTG, page-12

Morning all - nice solid finish to the week for HTG.

With $6.74m in the bank at 31 December (and operating losses of around $1.32m for the last quarter), the funding for this new facility obviously needs to be sorted out.

But as others have noted, the expectations is that revenues will start to crank up big time from this quarter (ending 31 March 2021) or the next quarter (ending 30 June 2021).

So it is hard to know how much (if any) further funds HTG will need?

On thing I am pretty certain of though - is that this management team will have been "all over" the incoming / outgoing cash situation when they made the decision to build this purpose designed innovation hub.