In Summary and Comparison from previous 30 Sep quarter:
1. Receipts of $139k (approx. $46k per month), up from $39k in previous quarter ($39k is ~1 month figure, not 3 months).
2. Cash on hand of $2.8m, down from $3m previous quarter
3. Actual expenditure to 31 Dec was $530k which was lower than the estimate for the quarter of $580k.
4. Forecast spend next quarter is $800k. Up from estimated spend last quarter of $580k
Overall, neutral to good results with no real surprises to anyone.
Interesting 1-2 months ahead with MOU2 and 3 expected to be announced.
Cheers,
Bodhi_Trader
In Summary and Comparison from previous 30 Sep quarter: 1....
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