NOR 0.00% 3.5¢ norwood systems limited

Corona Contracts & $1M+ Carrier Deals, page-1329

  1. 1,554 Posts.
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    At this point there has been no confirmation that the R&D rebate has been received, therefore it is contingent and the dollar value, nor the timing of receipt, is not a certainty. If there is any delay in receiving this rebate, they will still need new cash early next year. Just pointing out the facts. With minimal revenue at the moment, cash flow is a major concern that needs to be considered. This will obviously change if/when a Corona contract is announced. Will be interesting to see the Q2 cash position. Rather than throwing out abuse and accusations, feel free to engage the ignore function if you don't value and appreciate my contribution to this thread.
 
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