RE: Away from the first option11 May 2025 10:16
800,000 burn a month
That includes 520,000 sales…. So it’s likely over 1,000,000
If u can’t get that down to 200,000 they are doomed.
45,000 gets shovelled into Rob’s trousers … probably a bonus for never hitting his numbers.
So let’s say they can borrow $10,000,000 at 9%
That gets them to February March 2025
When will they ever pay that back?
Never at current rates.
I’m sure I read an RNS some years ago detailing 6500 pre ordered units… that must have been one of the many falsehoods
At least their latest RNS is not even promising jam. It’s a sad state of affairs when they can even promise jam tomorrow