I wouldn't get too excited about the cash burn at the moment....

I wouldn't get too excited about the cash burn at the moment. Don't forget they had the ASIC fine and legal fees to pay last month. This month they will have the effect of the redundancies coming through. That means we will have to look to the October cash report to see how things will be going forward, which we won't know until November.

I'm thinking the yearly cash burn will be cut by about $5m to $6m. Together with not spending any more on fiddling around with the plant, the monthly cash burn will probably come down to a bit under $2 mil a month, which will extend their survival by a few months (in the absence of any sales).

With the focus now taken off the plant, it is no longer relevant if it reaches nameplate capacity or not... what's the bet that issue never gets mentioned again, they have satisfied themselves (but no-one else) that it could have reached nameplate, but if it never does - who cares now?