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Ann: September 2019 Quarter Activities Update and Appendix 4C, page-16

  1. 91 Posts.
    lightbulb Created with Sketch. 17
    "It will be interesting to see how long the $7m lasts them. My guess is that cash burn will increase to about $1.5m per quarter. "

    On what logic do you come to that conclusion from?

    The company has forecast cash outflow of $1.1 for this next 1/4.
    And then any income needs to get considered against that.
    (only the ignorant would expect the current qtr income of $11k to be a guide for future...)

    What do you know that they don't?

    IMO/DYOR!!
 
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