Yes and no.....just tells us that cash byrn is $2m/mth, right...

Also, us40.2m as at end of November.

Previous quarter was us45.1

That's a differemce of us4.9

The cash spend this quarter was meant to be us37m

That's approx us12 per month

So as at end of novber, they would have burnt approx 24m

So 24m - 4.9m is approx cash receipts for the first two months of 19.1m[/QUOTE]


Yes and no.....just tells us that cash byrn is $2m/mth, right where Henry keeps saying it is.....BUT it doesn't tell us actual revenue for past 2mths as if they aren't winning as much work as they anticipated re $22m spend on manufacturing product, then this is not being spent and $2m/mth is essentially wages/marketing. So Q4 4c will show cash at end of Dec of around $37-38m...plenty in the bank but spend of $22m for manufacturing product didn't happen? otherwise revenue would be $30m and yearly revenue would be well nth of $60m?....anyway I'm sure management are equally as frustrated.....onwards and upwards with growth in '18.....every possibility that the work at hand will top $100m and more by end Jan in 6 weeks time.