I don't think they have burnt much cash at all.
This is an extract from the last quarterly cash flow:
Estimated cash outflows for next quarter $A’000
9.1 Research and development = $0
9.2 Product manufacturing and operating costs = 27K
9.3 Advertising and marketing = 2K
9.4 Leased assets = 16K
9.5 Staff costs = 124K
9.6 Administration and corporate costs = 68K
9.7 Other (provide details if material) = $0
9.8 Total estimated cash outflows = 237K
Therefore, the total cash should be more like $2.287M
I don't think they have burnt much cash at all. This is an...
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