Quick. On the cash burn. You were 100% right and I was 100% wrong. This is the first time I have seen these guys restrain them selves. Even the expenses paid for Genorah has dropped from their $400k to $73k for the "Q". They say they will spend less this "Q" ($450) but only have $322k left plus the loan.
Not sure now to read this. Are they going into hibernation. The latest rumor is a farm swoop. No cash.
NKP Price at posting:
26.0¢ Sentiment: Sell Disclosure: Held