It still states they have an estimated 6.9 quarters of available cash (18 months).
Also still mentions sales forecast for q2 remain strong but dependent on recovery and they are looking forward to a return to more predictable, strong results going forward.
Also still mentions the 1a Russian sales started with 3 orders.
The quarter wasn’t great and the excuses for why make sense but doesn’t help with credibility I will grant you but I cannot see where you can find a further downgrade.
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- Ann: Amended Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Amended Quarterly Activities/Appendix 4C Cash Flow Report, page-6
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