Cash Position Right Now - The Facts

From the last quarterly which finished 30/6/14 there was 2,499K cash

Estimate last quarter expenses (before cost overuns++) were: 1750K cash (~20K per day for the quarter)

That leaves 750K left for this quarter of which there is liklely to be 450K of administration last quarter (~5K per day every day).

Therefore, there is ~300K left to spend this quarter (if there were no cost overuns) from the last quarter outside of administration costs.

To that end, there may be no cash left anytime now so cash will need to be sourced.

Will CTR a going concern?

Why is CTR paying $5K Administration costs 7 days / week?

The facts speak very loudly here!