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What in your view is a reasonable assumption for operating costs...

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abediamond

982 Posts.

164

26/07/23

20:27

Post #: 68999406
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Originally posted by wasko: ↑

It only takes into account negative operating cash flows. If they can reduce operating losses to less than $1m per quarter they will theoretically make it to the end of the year without having to do another raise, but that would also require zero spent on capex. Given the reasons put forward by the company for the raise, I'm not sure that's what they have in mind.

Do they have other assets they can sell e.g. older facilities?

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What in your view is a reasonable assumption for operating costs moving forward?

I take it $1M is too low.

Looking for some reasonable assumptions to make assertions on. Not being argumentative.

CAN Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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