Hey Pardner. One thing we knew with the CR was that one of its prime objectives was to lift the capacity of Bankstown for the JSF and put in place the R&D and manufacturing arm in Waurn Ponds which is now up and running. What I'd like to know though and this may help us ascertain how long the current 7m of cash will last, is how close are we to meeting those capacity objectives and how much more money is required? If that spend and the added inventory plus safety buffer is all in place or predominately so, then QHL should be cash flow positive on receipts, thus maintaining a healthy available cash position. There will no doubt be more R&D on improving manufacturing costs to address the skinny margins, employee cost will remain high owing to their skill sets. Could the board be smaller? What are each of the board members contributing?
All my musings.....
cheers
Hey Pardner. One thing we knew with the CR was that one of its...
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