Ann: Appendix 4C - quarterly-AJX.AX, page-38

Not really, they have to prove every application of the product in the proving stage, then teh customer will give them an order at at some time after that they get paid. At the moment they are proving more and next 1/4 or teh one after their cash will go up again.

I am more interested in 3 things in a post-startup company
1. Are they getting customers and keeping them
2. Will they have enough cash or can they get more to stay alive until follow on sales kick in
3. Are they spending the more money on Directors than getting their product to market

Looks like the answers are Yes, Yes and No, so it ok at the moment