Cash for 6_9months from rnd of March taken from RNS22 Apr 2020 23:44
Based on delivering circa £1.0m in sales to 30 June 2020 the Company has a cash runway of 6-9 months, this excludes any funding or additional revenues from HCV, AIHL and the SARS-COV-2 assays, but does assume genedrive utilises various UK Government support packages
This is exclusive of sales from PCR 10k test hour testing kit which is kicking off in less than 5 weeks! Having re-visites this RND it would appear that non dilutive funding is even more profound as money will be rolling in. Also for US military sales from October not factored in