Screenshot(s) from Annual Report of 29 Aug 24, page-7

First 7 Last

Share
Profile

Follow
JB1975

2,282 Posts.

1205

02/09/24

11:21

Post #: 75485274
Share

Originally posted by bedger: ↑

And you probably find some 1,000 pre-cash flow positive bio-techs listed globally, and many more outside the sector, with the same standardised 'going concern' caveat in the audited accounts.

Why this required a separate thread for a standard auditing caveat defeats me. A normally intelligent poster, if a little bombastic at times.

The company has stated its expectated cash runway so many times now, and we normally have the down-rampers ignorantly clouding the guidance, now even long-term holders doing the same! How many times do the CEO and Chair have to reiterate the slow down in spend:

"In accordance with ASX rules, the “Estimated quarters of funding available” reported in item 8.5 of the Appendix 4C is calculated by dividing the cash at the end of the quarter by the net operating cash outflows in the previous quarter, and the result of this calculation is 2.2 quarters of funding available. However, as the net operating cash outflows in the previous quarter were not representative of forecasted expenditure in the year ahead, this is not consistent with the Company’s expectations. The Company currently expects its cash runway to extend into the 2025-26 financial year. In item 6 of the Appendix 4C cash flow report for the quarter, payments to related part." (my embolden).

Expand

And you probably find some 1,000 pre-cash flow positive bio-techs listed globally,

- windbag.

CYP Price at posting: 20.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 18.5¢		Change 0.035(23.3%)		Mkt cap ! $41.80M

Open	High	Low	Value	Volume
15.5¢	18.5¢	15.5¢	$264.2K	1.511M

Buyers (Bids)

No.	Vol.	Price($)
1	1922	19.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	10000	1

View Market Depth

No.	Vol.	Price($)
2	23722	0.180
1	20487	0.175
2	44171	0.170
1	152000	0.165
3	26350	0.155

Price($)	Vol.	No.
0.185	10000	1
0.190	27972	1
0.195	29266	2
0.200	56400	3
0.210	20000	1

Last trade - 15.47pm 18/07/2025 (20 minute delay)

CYP (ASX) Chart

Screenshot(s) from Annual Report of 29 Aug 24, page-7

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Screenshot(s) from Annual Report of 29 Aug 24, page-7

Top Stories

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News