PIQ proteomics international laboratories ltd

cash flow +ve (almost) while taming elephants, page-5

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    Cashflow neutral quarter on back of annual R&D rebate of 572k. Forecast to burn through most of their cash this quarter so will need news to move it. For some reason staff costs this quarter estimated at half of q1 levels. Any ideas re: this?
    Size of raise will be interesting. Must just about have it lined up now. Interesting looking business and tempting at current price regardless.
 
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