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Ann: Appendix 4E, page-53

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  1. Caduceus
    178 Posts.
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    01/09/17
    11:45
    Post #: 26927328
    M1 is NPAT of $1 million
    Expenditure is $700,000 per quarter as per last 4C, so unless costs decrease IAM will spend $1.4 mil by Dec 31st 2107
    So yes they need $2.5 mil to achieve M1 as they have claimed they are on track to do in 2017
    IAM Price at posting: 1.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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