That's a bit inflammatory.
March 8 presentation Slide 19 on Cash Burn
"Planning on increasing to around $2M per month"
And the follow up on 10 March to clarify that is just the opex.
Management wishes to clarify that the Company’s reference to forecasted monthly "cash burn rate” on slide 19 is actually a reference to total monthly operating costs and is not inclusive of any revenues and cash in flows that the Company expects to receive during the year
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RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
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