NUH 0.00% 8.1¢ nuheara limited

Banter and General Comments, page-1911

  1. 3,312 Posts.
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    To need a short term capital raising, we would need to burn through approximately 20 million dollars in six months.

    As we are in production, the majority of that 20 million would be going into components. We would need so many forward orders for that ot happen, that we would be expecting multi million sales a year to burn through that much and not be able to keep up with demand.
    If we are getting multi million sales a year, from next year, we will all be so rich that we won't care what the company does.

    More realistically, cash burn increases to 3 to 4 million a quarter and sales increases to approximately the same amount, then in 3Q or 4Q FY2022 we would start seeing cash flow positive as the HP and the nuheara product sales increased.
    Realistically there could be well more activity whether from OEM or increased sales via FDA approval of devices etc. that alters this trajectory.
 
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