Dabru no proof from PLT themselves but proof from my own...

Dabru no proof from PLT themselves but proof from my own analysis...I suggest that you create a simple excel spreadsheet model of PLT to track the monthly cash position as I have done. Such is also useful in tracking working capital funding requirements for PLT if and when material Truscreen sales eventuate.

The above can be done relatively easily and robust assumptions can be taken from past PLT reports.

Remember you need to take into account the net receivables/payables position from December 31 and add in capital injections of $1.136m from the C-Notes in the March quarter and $2.25m from the SPP in the June quarter.

Once you see the figures for yourself I imagine that you will not be quite as dismissive of my call re a pending capital raising ASAP if this merger does not complete.