Ann: Quarterly Activities Report and Appendix 4C, page-7

I find it concerning the lack of reconciliation between last quarter and this. Clearly they have chosen to highlight q1 as a comparative rather than last quarter's 3.9m.

questions include product costs are 3.7m outgoing vs 2.7m last quarter. Yet why are cash receipts so much lower despite higher revenue last quarter?

they claim to have prepayments of 1.2m and receivables net of liabilities of 0.7m which is only 1.9m. Still makes no sense how this ties back the difference in cash receipts? What liabilities are there otherwise they're hiding in prepayments "net of liabilities". Coupled with the late lodgement I wonder if momentum of prior quarters and the net cashflow positive spiel from last quarter has been lost and forgotten.