Estimated quarters of funding available = 0.36 as per recent qtly
I'd say we're around 0.36 of the way through the quarter now
SBC loan $2.5m The Company notes that the maturity date of the facility has passed and is undertaking ongoing discussions with SBC to address the situation and expects to provide an update in due course
Isidore 14 Pty Ltd loan due 21st Feb $100k + $40k + 10%
Noraton Nominees Pty Ltd loan $39k + $70k + 20% due 11th March
Corporate Mining Pty Ltd $366k + $104k fee + 50% interest due 21st Feb
The terms of the loans reflect the high risk. If the company can't stop the cash burn it's more dilution or worse, into suspension.
Estimated quarters of funding available = 0.36 as per recent...
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