Cash and Cash Equivalents:31/12/12 $313,000 31/03/13 $190,000...

Cash and Cash Equivalents:
31/12/12 $313,000
31/03/13 $190,000 (above quarterly)

Cash burn in the recent quarter of $123k


in the half year:
"Management has prepared a cash flow forecast for the 14 months ending February 2014 that supports the ability of the entity to continue as a going concern. These cash flow projections assume a 6.5% increase in sale revenues and points to a positive cash position at the end of February 2014. The Directors are presently satisfied that the projected cashflow will be achieved."



looks like loan facility may be needed to tide them over assuming they are projected cashflow positive Feb-14. Hopefully can avoid a cap raising...! above figures don't include recent expansions of OEM agreements, circa 1m revenue. Not sure how this will translate to the bottom line.
Anyone have a rough clue/estimate on MLA's margins? what will +1m revenue contribute to the bottom line? Assuming all other contracts are maintained, the recent +1m will increase FY sales revenue by 11% which should have them cashflow positive before Feb-14?