$1.6M in cash as of 30/9 - so probably $1.25 now with $1.2M in trade creditors at June 30.
Trade creditors may be more now.
On this bulk sample it will be interesting to know when they can sell it.
Again now doubt that a capital raising is on the cards ASAP.
My thinking is that they wanted the ruby announcement to push the share price up and raise some at higher levels- this has not happened so they must just continue along with bulk sample so as derive cash-flow.
With cash burn of around $350K - $400K per month, they will have to raise money before xmas.
Well done management on Bulk sample.
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