"* With cashburn of approx $1.3mill per quarter and with only...

"* With cashburn of approx $1.3mill per quarter and with only $2.7mill approx remaining (after recent placement) as of end of September where will the money come from for the $8mill trade and sundries payable by end Of December (as per page 52 of the annual report)? Just as importantly what is this payment for?"

1.3m cash burn per quarter is generous to say the least, considering average over last two financial years is 2m per quarter and approx 1.8m over past 5 years.

Yes would be interesting to have more details on the suppliers goods & services still waiting to be paid.

Of course some have already resorted to court action, never a good sign.





Kat.