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Ann: Quarterly Activities Report and Appendix 5B, page-6

  1. Exised
    6,894 Posts.
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    31/01/20
    12:04
    Post #: 42668947
    Very much a possibility it is make it or break it on the March quarter. See p.11

    Estimated cash outflows next quarter (march quarter) $34,450,000.

    Only $50,537,000 left in the bank (after Dec quarter). $16,087,000 left for the June quarter is not enough for the expenses even if we assume that no development expenses of 9,300,000 is required for the June quarter...

    https://hotcopper.com.au/data/attachments/1956/1956595-9073790f44f5a90f307e96c775fb7c10.jpg

    Unless sales is a much better figure in March quarter. Roughly $18,363,000+ in receipts is required coming March so it can continue to operate in June quarter.
    https://hotcopper.com.au/data/attachments/1956/1956607-7d6a8c5609e490fd42da9705d882f079.jpg


    Last edited by Exised: 31/01/20
    HRR Price at posting: 8.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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