You mean the companies cash burn rate is a joke or my projection?
Staff figures at $550k is about 25% up on the last quarter on the basis that they recruited quite a few new staff. Perhaps its to high but I would be very surprised if its less than the $430k spent last quarter.
And admin also I have a tad higher than last (it was previously $350k) given how much has been going on, road-shows registrations, sponsoring yachts, lots more behind the scenes development etc.
Any way.. we will find out in a couple of weeks.
Which bits do you think are crazily imaginative? I have just looked at the previous quarterly, added a bit in some cases and removed some in others.. Didn't think it was that out there!
Cash burn rate, page-35
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