Mate - if you read the quarterly with a bit of thinking behind it, that 2.15 quarters is calculated by taking our $16M cash balance at 31 March 2023 and dividing by the quarterly spend of that quarter. The quarterly spend of March 2023 is not representative of our quarterly spend in the next two proceeding quarters. We have not been spending $8M per quarter since then. Simple! Your post is misleading.
- Forums
- ASX - By Stock
- TPD
- Ann: TMK: Production Testing Commences
Ann: TMK: Production Testing Commences, page-13
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)