How do you come up with that one, Scoop?
The June Q has 2.01 quarters of cash. If AEV didn't receive a GST Refund, they'd have had <2 Q's cash and would have been obliged to inform the ASX how they intend to fund future operations.
Now, if you are still with me Scoop, AEV has ~$550k/quarter in overheads. This is before any evaluation work is done.
Now consider all the latest promises re: timelines and work to be done over the next 10 weeks. How do you expect that to get funded?
Do you have a dreamlike scenario where there is prepayment for offtakes for new untested suppliers? Is that what you/AEV will run with to pump it? I guess it ties in with the "infomercial" yu planted in an obscure Korean news site.
It's clear to me that you are a company rep... maybe you can give us some insights.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-206
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