ASX Query on 4C

This ASX Query clearly states the financial fragility at BRN, leading to either a CR or a Debt facility

Quarterly Report Appendix 4C for the period ended 31 December 2015, released to ASX on 29 January 2016 (the “notes that the Company has reported the following.
1. Receipts from product sales and related debtors of nil.
2. Net negative operating cash flows for the quarter of $1,149,000.
3. Cash at end of quarter of $1,912,000

Reply from BRN: The Company confirms that the expenditure rate of the previous quarter is likely to continue in the short term.

Bottom-line, more liquidation of Stocks imminent which is INVERSELY proportional to Stock Value.
SP Flogging is ON and even if the situation is controlled by CR/ Debt that is mere survival.

Brace up for some choppy waters, where will be the SP bottom, anybody's guess!!
Good time to add up for the Long Term Investors, all traders have surprisingly vanished from the HC forums...

DYOR and read reports for further analysis and impressions!!