The "4.3 quarters of life" isn't really true.
Yes, the cash burn for Q4 is 3.3m (which indicates 4 quarters) but when you zoom out, the cash burn for the entire year of FY22 is 3.9m.
At this rate, you could also say, more accurately, that HALO has "3+ YEARS of life." I wonder why you didn't.
One would expect that with all facilities now EBITDA profitable (NZ / AU / Brands), with greater scale from the FY23 revenue forecast, that the life has been extended further. Remember that cost savings are also happening by bringing the THM products in house for manufacturing.
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The "4.3 quarters of life" isn't really true. Yes, the cash...
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