But as of 30th September EKA was burning about $1.5m per quarter - if this stays the same then at end of calendar 2009 it will have $200,000 in the bank, less than a month of working capital...on that basis, the raising will put cash up to $1.7m - $200k in that remaining cash going to working capital in January leaving $1.5m in cash in the bank. Again, this goes back to being approximately enough cash for a quarter...woof woof.
