Well, unless they are working for free, according to my calculations: admin and corp costs 60k and salary of $20k. Then as 30 June 2019 (one week ago), the company has $38k left.
Not enough to pay for another quarter of admin and corp costs.
This is the make or break quarter: it need to be able to borrow money or raise money, otherwise it would not be able to meet its running costs for the quarter.
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