When I read the first negative comments on here, I quickly went to read the announcement thinking the worst, and how much more will I be down on NOR, way to ruin another weekend!..
I actually thought it all sounded good (maybe I'm wrong), and not that I know much about reading quarterly/cash flow reports.. 6.5m on hand I thought seems a nice figure, considering the CR 7m I thought might have been further chewed in to by now.
When I last spoke to Shane, it definitely sounds like NOR are well and truly focused on the paying customers now they've successfully launched and incurred the initial costs. He said they could easily get 10m downloads, but the target is obviously the paying customers and keeping the average cost heading lower.
I see some people saying that 6.5m won't last much longer, but considering the launch/initial spend is done, 3.3m downloads (who knows how many paying), income is flowing and increasing, costs will continue dropping... Looks good to me!
Corona progressing..
Note, I have asked several times if any chance of another CR, and each time the response has been something like "no, definitely not any time soon" or "no, I wouldn't think so".
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