cash burnt over $2m The cash burnt is NOT (QUOTE)"good to finally see that CMQ's monthly cash burn rate has tumbled below 2 million per month".
The cash burnt for April (NETT DECREASE IN CASH HELD) is $2.14 MILLION. This is despite the massive decrease in 'other working capital' falling from $1.85 million to $1.08M which meant a massive reduction in production output.
The miserable March sale receipt of $72K had decreased by 800% down to $9K for April. but a big improvement from the many previous months of $0 sale receipts. Shipments announced as "UNCONDITIONAL sale not financed by CMQ and on NORMAL COMMERCIAL TERMS" had turned "Goods POSITIONED" (into the laps of the gods??).
What's the coming huge announcement? Receivers called in?
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