good update from BG. he's careful in the interview though...

good update from BG. he's careful in the interview though to say operating cashflow break even / positive in the next quarter. this isn't net cashflow just yet where they can pay the interest expense (let alone the principal repayments that start from mid next year). so still need to see the upwards trajectory to get out of the woods. the board also has directors duties around going concern / min cash balance so the cap raise monkey won't be off the back completely until they are genuinely net (not operating) cashflow positive. you get the sense that if the SP wasn't so low they'd be wanting to buy some more breathing room.