Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-73

Thankyou for the graph Steve. So even if we have to go through a cap raise, it’s almost certain maybe even certain that there’s 12-16 months (maybe sooner, maybe a little longer) left until this business, based on the history of growth, is cash flow positive.

I assume a dividend will not be paid at the start which I’m not too bothered by as I’d like to see the company reinvest for growth instead of relying on dilution.

Any theories on what happens once we do hit cash flow positive in terms of SP, what the company does and where to next?

I’m not good with graphs but if we could get a further back graph like this one showing how much the cash burn has been consistently dropping over these quarters, it would really show how well the company is doing in terms of decreasing cash burn I’d be forever grateful as I think not many people understand how good the ratio is getting.