AJX 0.00% 1.0¢ alexium international group limited

Well if you're going to play the game, it's easy to refer to...

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    Well if you're going to play the game, it's easy to refer to their March quarter 4C production & manufacturing costs and refer to their June Quarter 4C cash receipts for your answer?

    Yep that's what I did previously to come to my conclusion as per below. A lot potentially comes down to, as you say, what the terms are for payment which is why I'm expecting somewhere between $500K and $1mill negative cashflow for the quarter. I am very interested in the actual product manufacturing figure for the September quarter.

    Cash Receipts Vs previous quarter's Product Manufacturing (US $)

    1. Dec 18 - $782K v Sep 18 - $449K
    2. Mar 19 - $1174K v Dec 18 - $508K
    3. Jun 19- $2087K v Mar 19 - $975K
    4. Sep 19 - ??? v Jun 19 - $1072K
    5. Dec 19 - ??? v Sep 19 (forecast) - $1745K

    Percentage Return

    1. 74%
    2. 131%
    3. 114%
    4. based on 114% Sep 19 forecast cash receipt = $2294K
    5. based on 114% and Sep 19 forecast expenditure of $1745K - cash receipt = $3734K
 
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