So 3.8 million left in the bank now, based on a current burn rate of just under 2 million a quarter there could very well be a cap raising before June 30 2013.
History is a beautiful thing and looking back since December 08 at the burn rate of funds for 'Administration', for the 6 months of FY13 Admin costs are at $1.05m, SIR a 462 million dollar market cap company has only managed to rack up 0.910 million for the same 6 months...
So 3.8 million left in the bank now, based on a current burn...
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