IOT 0.00% 0.1¢ iot group limited

Ann: Research and Development Tax Refund, page-10

  1. 9,317 Posts.
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    Thanks for the advice Brass, yes I have read the quarterly a few times.

    You are correct the cash burn is forecast to be significantly lower, this is certainly helped by the R&D grant coming through.

    Otherwise predicted cash burn would have been almost $2mill from cash reserves of just under $3mill.

    All I stated was that the money would help.

    Seems your a bit jumpy on the replies at the moment Brass.

    Cheers
 
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