Share
6,117 Posts.
lightbulb Created with Sketch. 745
clock Created with Sketch. 04/04/24
18:21
Share
Originally posted by fnqricko:
↑
Actually after costs they will have around 5.4 million max in the raise . The worrying part, or one of the worrying parts, is they had just under 5.7million at the end of the Dec quarter with just a touch under 4million left in the finance facility, so around $9.7million. they spent $1.728 million Dec quarter, we don't know how much was spent t in 2024 March quarter, assuming $2 million spent March quarter there should be around $7.7 million in accessible cash (including facility) at this time..
Expand
why, because of the likelihood of the payment to the Chinese under court order
(20min delay)