RE: cash burn is very high18 Feb 2019 16:06
volcano - if the cash burn is about $3 or $4 million a month then the RNS saying the BOD does not know if it has enough cash to get it to the FDA meeting - even if it is in only 30 days - makes sense ! Unless the BOD can talk another lender into funding it big time the company will run out of cash very soon and go into administration ! Day trading only looks good ! No time now for a Rights Issue IMO