I'm confused.
They get an extra $800k of cash this quarter (from last qtr) and still can't really improve cash flows.
Even if you smooth the $800k across the two quarters, they are still burning $3.5m a quarter.
Which is a concern for me, especially as it is now improving as revenue increases.
Ann: Appendix 4C & Quarterly Activity Report - 31 December 2023, page-3
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