At the agm, I thought they said they were looking to reduce costs from $60 to $55 mill pa.
And some guy said hence with Rev at $40 mill approx pa, they had to find $15 mill of new rev to breakeven, and they had $20 mil in cash approx to get there at the time.
The inference that they have got their costs down from $15mill per quarter, to $10mill per quarter, might be just a one off potentially?
Maybe I heard wrong?
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