Based on the graph mentioned in my previous post, cash expenses/quarter should have peaked by now at $4.1m (Q1 FY17), and trending down from here on to $2.6m by Q4 FY17.
On the other side of the P&L, cash revenue/quarter expected at $2.6m in (Q1 FY17) is set to increase to about 4.7m in Q4 FY17. (Figures are approximates, as I am reading them off the graph).
This is a most enviable position to be in as quarterly, cash costs go down while cash revenue goes up.
Reading off the graph, positive cashflow can be expected slightly after Q2 FY17. (i.e. Jan/Feb 2017). Wish I knew how to paste the graph here for everyone's ease of review.
Anyway, please DYOR.
BIG Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
