It is all a guess given their poor disclosure.
They lost $15m in March quarter after you back out the one off grants. Given that I believe they have already lost another $10m since then and have funded for by not paying suppliers and maxing out debt lines. Additionally a large portion of debt is due to be repaid by 31 August (my understanding is ~$10m). So effectively they are going to need $20m just to pay the June quarter and replace loans expiring. I am then assuming they need another $10m to get to breakeven. Rough but i believe it is in the ballpark
It is all a guess given their poor disclosure. They lost $15m in...
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