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clock Created with Sketch. 13/03/24
22:55
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Originally posted by zebster:
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Ok, thanks for that. The Dec quarterly showed $4.2M net operating & investing cash burn (i.e. excluding the effects of inbound financing cash from the the Aug raising which can muddy the underlying CF waters). This was within range of avg. compared against the most recent 18 months, but that all changes this quarter, imo.materially sufficiently improve in either the trade sale space or in capital markets (for a raising). Fair enough. My guess is a raising attempt sometime between now and the first week of April.
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[Post 3-min edit]"... sometime in the first two weeks of April, given the Board has now clearly telegraphed they'll need to do something during the next quarter (i.e. after this one ends)" .
(20min delay)