They haven't clarified the cash position. Rather than do that, they have just confirmed it was an error, and repeated what the cash position was at 30th June.
As for the cash burn, it should be about $1.5m per week, according to the quarterly cash flow ann.
Maybe we can have some clarification on the 3,000,000 tonnes per annum offtake agreement with Sinosteel as well? (Ann. of 13th September, page 4).
CDU Price at posting:
$2.04 Sentiment: Sell Disclosure: Not Held
