Unless I've misread the last quarterly things must be getting pretty tight. Cash at end of September was (in round numbers) $1.5M, with an expected spend for the December quarter of $1.8M and no sales to date. That just left $1.5M in reserve as an unused line of credit/loan which must be getting tapped about now if things went according to forecast?
I'm not a holder but I am local to the area and I would very much like to see this succeed, so I'll keep my fingers crossed.
ABX Price at posting:
20.5¢ Sentiment: None Disclosure: Not Held
