They have a cash burn of 1.3Million with $5Million in the bank and revenue being made. At current cash burn, we have a minimum of 3 quarters until cash is needed. That takes us into Feb - Mar next year.
We won't need a cap raise by years end unless some significant deal is to be done and large money is needed. Not likely in my mind.
Ann: Appendix 4C - March 2017 Quarter, page-98
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