Ann: Quarterly Cashflow Report, page-7

Folks, YDADDK is right. $6mil is nothing in business terms. I have run $20 mil projects that were considered 'small' for a large company.

There are two types of spend: CapEx and OpEx.

Capital Expenditure (CapEx) is what you need as a "once-off" cost for assets, projects, etc.
Operational Expenditure (OpEx) is the ongoing run costs - like salaries, rent, contracts.

Section 8 of the report says "Estimated cash available for future operating activities" which is where they list 18.05 quarters.

Notice OPERATING activities. This is purely current OpEx costs and excludes any CapEx or subsequent growth requiring additional OpEx.

Being able to read a balance sheet is important if you want to know what is happening with the company.

They will ABSOLUTELY need to raise capital in the future - in the tens, if not hundreds (most likely many hundreds) of millions over the next 5 years. I am all in on PRL, but am under no illusion this is a marathon and not a sprint.