Grim quarterly.
Thought they were good value around $1.10/1.20
Theyre burning through cash. Quickly.
$5.1m staff costs in the quarter + $11m production & manufacturing costs for $8.8m of receipts. Wtf?
Another cap raise beckons
Not viable as is.
Will the new plant help?
Time will tell.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-17
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