Less than 2 Mill. cad cash, left how long will Brixton last
In their December presentation was mentioned:
Cash (as at 1 December 2013) $2.2 M
By now it must be less than $ 2 Millions left, how long will it be enough to run ?
Unconfortable with the latest PP at a price of (only) $0.11 per FT Share for total gross proceeds of approximately $140,000 on 20-December-2013.
Only $ 140k ... not much, but looks it is "needed".
Since then the price fell 50% in just less than 1 month ?
Anybody knows how much cash they might have and how long it will last ?