The problem as I have pointed out before is that these guys are...

The problem as I have pointed out before is that these guys are reliant on their module sales - they don't yet have steady recurring revenue other than the Tasmian DC which is not that much per quarter. So looking at historical cash burn is not reliable because module receipts are lumpy. They have recently had one major project delayed meaning zero cash for that. The cost base continues to be required regardless of sales. Thus confidently claiming 12-15 months runway based off the last two quarters of actuals is a scary thing to rely fully on. Regardless, a company running that close to the bone is moments away from a cap raising or administration. The directors can't just bleed out over 12 months, they have to protect creditors as much as they can well before running out of gas. So that 12-15 months is much less without a turnaround in cash flow.