RE: Cash Position27 Jul 2023 09:34
"If the BOD concentrate mainly on getting current commercial projects live and slow down R&D. With approx. £3,000,000 in the bank and a burn rate £240,000 (which I think includes some current R&D) this should last at least 12 months at a burn of £200,000 PM 15 months at a stretch.
If Valkor happens it’s helps immensely funds jump to £4,494,500 at a burn £240,000 gives the BOD 18 months of funding ie to the end of 2024 enough time to get MSC sorted."
An excellent post with useful figures for all. If I ran this I'd pin it.