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  1. kevin103
    16,218 Posts.
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    06/12/21
    19:29
    Post #: 58110257
    Ok mate - possibly the deposit I think?

    Yes ok we have $1.8mil left but that is before a circa -$1.2mil cash burn every quarter.

    So $1.8mil left - $1.2mil cash burn = pretty much nothing left.

    We don't need to go into the granular details i think - suffice to say $50mil cash is gone and not much to show for it.
    Last edited by kevin103: 06/12/21
    IOU Price at posting: 15.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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