Great result. Just looking at cash and with the cash at bank, R&D refund and the cash burn rate it looks like we should have up to 6 months and then a raise.
$2.7m cash 30 mar
$2m R&D
$4.7m assets
$1.7 Cash burn to 30 June (if same as March)
$3 cash approx. at 30 June
$1.7 Cash burn to Sept
$1.3m at end of Sept
Just hope the raise is at higher prices.
GLTAH
Ann: HITIQ Signs MoU with Shock Doctor, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
