RE: RE: 1p held7 Jan 2022 09:10
Bouchos NNN interims stated
? Cash and cash equivalent balances at the period end amounted to £4,665,424 (30th June 2021)
? As at 29 September 2021, the Group had cash and cash equivalents totalling £4,140,540.
Unless anyone knows where the 524,884 went that is a burn rate of 174,961.33 a month so since September deduct another 3 month burn of 524,884 off the 4140,540 which leaves 3.6M, add on £150K assuming got some money from Lemu.
At best NNN have £3.75M and the burn rate has increased with additional staff not to mention adding "Im not interested in money on the payrol" for an undisclosed sum and R&D will increase cost even further but still plenty of cash in the bank but please stop overstating the number