Expecting 4C tomorrow/Wednesday.....

Soz, reposted with correct figures.

What to look for - a reminder of what was in the last 4c, for the quarter ending 31/3/2019.

* Receipts from customers = $152,000
* Cash at end of last Quarter = $8,714,000
* Total estimated cash outflows for June Q = $3,250,000 (including $1.5mil for Property/Plant/Equipment)
* "Capital costs will be largely completed by the end of the financial year" (ie, 30/6/19)

So assuming the above estimates hold true and Capex will be "largely completed" in the June 1/4, cash burn for the Sept 1/4 (& following...) should theoretically revert to $1.75/$1.8mil. Cash at 30/6/2019 should be around $5.6mil, which leaves just over 3 x quarters of cash remaining......

Anyone going to the Investor Open Day in late August to ask any probing questions.....????? Here's three -
1. How long do patent applications and approvals take? and
2. How much will they cost? and
3. Will shareholders have to wait for ALL TUNNEL JUNCTION patents to be approved BEFORE any serious income comes through the doors?

So, predictions for the next cap raise.....?????