Not yet, not while their expenses exceed their income.    While...

Not yet, not while their expenses exceed their income.    While I want exposure to an alternative investment group, Blue Sky are burning so much cash I cannot see a way that the share price doesn't drop back to 50cents.

They recon that they would have had circa 50 ish mill in the bank at 31 December.   Burning circa $35mil every 6 months, so just short of 6 mil a month.

so on that basis, by the end of march circa 30 mil left in the bank and then they will need to announce another capital raise... because nobody is going to borrow them any money...