Not sure why this information was moderated, so I have removed my comments, reducing it to just the FACTS. If it is moderated AGAIN, then you have to ask yourself WHY someone on here does not want people to read THE FACTS.
The next CFU cashflow report is due out the week of 22-26 July.
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Quoting myself: "26 Apr '13 - Bluegen.net is still only showing 265 units installed"
11 July - 275 installed. If that is the same number on results day it will be 10 units installed in 3 months.
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Net operating cash outflow for the March quarter was £4.4m
Cash on hand at 31 March was £2.4m
03 May 2013 raised £5m
£3.1m back from the Aussie Government recently
Total cash pot post 31 March £10.5m
Burn rate of £4.4m per quarter only leaves CFU with £6.1m in cash, enough to last 4.16 months.
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