GREY:BIXZF - Post by User
Comment by
CurlyMickon Mar 20, 2012 10:01am
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Post# 19693930
RE: RE: RE: somethings up!
RE: RE: RE: somethings up! Doc;
Racing guy is correct. CS was clear what the cash position was in the 2nd to last call.
He is also right in that compared to most juniors and many seniors, we are getting more information than most.
Your preoccupation with and interest in numbers should allow you to be able to figure out approximately what the cash balance was Dec 31st given the 2nd to last call info on burn rate and discussion around that issue. I'm sure you can get close to the number. If not, send me a couple hundred bucks and I'll do a quick analysis for you.
I am just happy that CS slowed the burn after proof of concept completed. If he had kept the runs going at the previous output rate we would have had surplus inventory and a reduced cash position. Then CS would have had to scramble to sell and maintain sufficient cash flow, occupying critical time required for JV or other potential business re-alignments.
You'll have you fn numbers soon. Stop whining!