Andrix, from the most recent quarterly report 'cash at end of...

Andrix, from the most recent quarterly report 'cash at end of quarter' is $7.427m. With cash burn since then and conversion of one convertible note (50k worth), I would expect us to be in the high 6's.

From the same quarterly, there are 40 con. notes still on the books (2m worth). They will have to be either paid back or converted to shares by Feb, so that's how I got the estimate of 4-6m. Probably should've been 4.75-6.75 but I was being a bit conservative. The heavily anticipated 'anciliary equipment' could take a chunk out of cash too. On the flip side, if successful, the Newcrest job could pull in 2m plus.