ATC 4.17% 5.0¢ altech batteries ltd

AAM raise 2m euro, page-89

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    Judging by the last quarterly they expected to spend about $6M more than they had in the bank.Since then they have raised around $6.6M.
    So uinless they have,or are seriously reducing expenditure,they don't have much left.Sure they could have deferred some of the $7M construction payments,depending on whether it's for work about to be done or work already done,but I don't think tools down will inspire much confidence either.
 
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