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I think they stated monthly costs to below US$1m, implies...

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8horse

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9476

03/06/16

09:55

Post #: 17941377
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Originally posted by wubing ↑

I think it could be also understood that they reduce monthly operating costs so that their Q2 cost could be controlled below US$1MM.
Anyway has adequate cash before break even.
Besides, their revenue is obviously ramping up much quicker and their cost would be reduced substantially.

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I think they stated monthly costs to below US$1m, implies quarterly below US$3m, without revenue.

Only issue is whether the company can pick up revenue. If revenue picked up, the story would change so as share price, IMO.

1PG Price at posting: 47.0¢ Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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I think they stated monthly costs to below US$1m, implies...

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