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Ann: Appendix 4C - quarterly , page-4

  1. matt666
    492 Posts.
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    26/07/12
    12:53
    Post #: 10484478
    "Cash expenditure for the next 2 quarters is forecast to be lower than those incurred during the last 2 quarters."

    US trial commencing Jan 2013? 1 mil cash burn next 2 quarters leaves cash on hand at Jan 2013 at ~ 3 mil?
    TIS Price at posting: 47.5¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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