no, not quite. Refer to section 9 of the last quarterly 4C where they expect to spend 2.88m or so this quarter on operating expenses. ASX has referenced that in their opening line of questioning on the last page. The $1.7m you have mentioned is just a component of this fugure, it is only for "raw material purchases and manufacturing costs". As we know there are also corporate and staff costs and the like that are additional to this as itemized in each and every 4C. That said, you would expect revenue sales to grow and hopefully the cash burn decrease, but that's been promised before and cash Receipts (not revenue) also have to come in from any sales of what is produced and there is usually a lag for that as obviously customers are on payment terms. So just as likely the cash burn could widen if anything and then reduce in the next qusrter.
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no, not quite. Refer to section 9 of the last quarterly 4C where...
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