We need $4mil to cover the expenses for this quarter.
Cash $500k
Current Debts -$2.25mil
Bank overdraft facility $1.7+$0.4 = $2.1mil
ATO R&D $3.4mil in August
I would say we have just enough cash to cover this quarter, assuming no payment for the $2.25mil bank debts ..
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- Ann: June 2018 Quarterly Report and Appendix 4C
Ann: June 2018 Quarterly Report and Appendix 4C, page-2
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