The calculations in the Table below summarise the financial information available to date.
They estimate that 2023 should be cashflow positive by at least $10.7 million.
The three assumptions made are:
(1) no more cash will be received other than the remaining $16m due by the end of December from the $33m contract;
(2) Q4 operating expenses will be the same as those for Q3 at $17m; and
(3) bank interest received for Q4 will be the same $0.5m as for Q3.
It is highly likely of course that assumption (1) will prove to be unreasonably conservative and the Net final figure will prove to be higher.
The calculations in the Table below summarise the financial...
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$1.95 |
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Mkt cap ! $1.486B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 65427 | $1.95 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 57000 | 2 |
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