NC6 nanollose limited
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Ann: Quarterly Activities Report & Appendix 4C, page-4

  1. Esquatcho
    1,426 Posts.
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    29/10/20
    09:40
    Post #: 48479684
    Annual + $840k cash
    Cash used - $354k
    Acquisition - $200k
    Placement + $660k

    Cash on hand $946k, right?

    Assuming 354k burn can continue, you are right - 2 more quarters before needing more cash.

    Thats my main worry about this company - cash burn. I truly believe in the future, but its gotta get there first without diluting my holding too far. Still, partnerships ramping back up again is a big positive.

    Is it too optimistic to think we might get orders next quarter?
    NC6 Price at posting: 6.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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