new cash burn

  1. 654 Posts.
    Looks like they've got it down to $1.585m per month, including interest payment

    With $15.4mil left, that gives them just under 10 months to live... assuming they make it past Jan!

    Clearly nobody is in a hurry to hand them $60mil to buy out the existing bondholders. It's no wonder with yet another month of no cash coming in, must be well on the way to a half year report of $0 sales
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.