Memo to ASX - Time for the Standard ASX Query again
LWP has reported:
Negative net operating cash flows for the quarter of $164k,
Cash at the end of the quarter of $68k, amd
Estimated cash outflows for the next quarter of $65k.
1. Has LWP taken any steps, or does it propose to take any steps, to raise further cash to fund it's operations?
2. Does LWP expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?
Perhaps might need to consider monthly cash flow reporting again, or are they still meant to be doing this but haven't complied?
LWP Price at posting:
0.1¢ Sentiment: None Disclosure: Not Held