Is this a good place to guess the cash burn for the Q ending 30 June. My guess is burn (nicely called outflow) of $1.9 mill. And Mr Market will be OK with that.
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The seem to have an underlying burn rate of $1 mill USD a month - $3 mill a Q.
All the bits of cash coming in will lessen that (this tax refund, the BARDA milestone... heck maybe even some product sales). Last Q they smoked and mirrored the cash burn down to $1.3 mill
re the cash
Now, when you look at $1.3 mill burn on a balance of $4 mill, you look like you have 9 months of cash, so above the ASX 'warning, warning' of 6 months. In fact, they reported this
Is this a good place to guess the cash burn for the Q ending 30...
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