Last Quarterly 30/4/07 issue had $3mil in bank with $932k qtr spend.Subsequently announced First Commercial Sale and also milestone palaver showing Corus is coughing up per stage.
Ergo DYE has 3 Qtrs Cash in Hand with a "potential" to be Commercial quite soon.
but agreed they are "hovering" on having another Cash Raising.Placement to Sophisticated? New Issue to Big Partner like Corus? but is DYE really to be branded a "Cash Burner" on it's small shareholder base with most shares held tight by it's "inventors"?
All the more motovation to work this Corus deal,isn't it?
As for not being domestic use?I don't see that as so "awful".Any retail use like for households requires low margins by Bulk and open to all competing sub standard but cheaper competition whereas Industrial mainly requires Effectiveness period[pretty much]
dolfy,when you tell eieio about slivers be sure to mention the listed company in Australia that provides investor access to it.
Happy Trading.
ps-interesting shape up to Open this morning.Will 38.5c 200k get taken out?
Last Quarterly 30/4/07 issue had $3mil in bank with $932k qtr...
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