Yes - I think you can assume that cash as of 30/09/13 will be closer to $0 than $2.2m as currently quoted in their latest presentation! Probably why the loan was required! They seem to be burning approx. $1m per month.
They seem to be burning approx. $1m per month. Really.
Dec 12. 1.955 million end of qtr. March 13. 2.420 million end of qtr. June13. 2.234 million end of qtr.
Sept 13. You're guessing, let's wait and see.
ORS Price at posting:
7.5¢ Sentiment: None Disclosure: Held
