With $8m cash as at 30 June, and assuming we spent the forecast $4m in the Sept quarter we will likely not have have enough cash for the December quarter and a buffer which is wise so we must raise cash or do some sort of deal. The market is rarely wrong IMO and is rightly punishing management's dismal performance. I would love to see something out of left field but am expecting a CR...ah damn, I have enough bottom drawer dogs :)
40% increase in directors fees no way !, page-18
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