More waffle and no genuine significant income. Enough money on "base case" to vive until EOY 2017 unless unforeseen expenditure blowouts and then it is all over!!! The fact that cash is $3.9 mil after $3.5 mil just went into their account from the sophs means that whatever they picked p in revenue from the Corona sales that they ere supposed to have made is minor in nature.
I am and have been for a while now in HOPE MODE but now I think the management me in HOPE MODE as well because the way the announcement reads they are not at all confident of generating meaningful sales revenue.
Abandon Ship Me Hearties, She's Going Down!!!
Ann: Balance Sheet and Budget Update for FY17-NOR.AX, page-9
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