Currently from last qrtly we had $1,130,000 cash at hand in the bank. this quarter the expected cash burn was $800,000. This would leave approx $330,000 cash at hand at the end of the financial year.
Now not to scare anyone, i feel we will see the JORC released and then a cap raising shortly afterwards with Avea taking a larger holding within FTE. it will be interesting to see at what price we have a CAP RAISING.
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