Agree with David. The costs are reasonable static, but revenues increasing. The overall cash burn should be getting less, until hopefully they are cashflow positive.
4months is a very long time for INT. We know they have revenue kicking in around then. So it could be enough.
Certainly for a debt free company, they will have funding opportunities if required. So voluntary administration isnt likely.
Some of the contracts have mentioned an upfront component, whilst others haven't. The capital raising announcement did mention the have dont need further funds unless further opportunities arise. So i'm assuming the upfront component doesnt cover everything.
I still expect a strong finish to 2011.
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