Money Timelines > Refunding... LaserStock29, thanks for your contribution to this board.
Refunding, I guess it's more or less in the back of everybody's mind.
I know, It's somehow a slippery subject to discuss, but necessary to manage realistic expectations.
In the past you gave us frequently timelines regarding Theralase's cash position.
I'm struggling with two plots :
A -
Burn Rate :
300/350 K per month > Kereport, April 6, 2017
( At 10.03 minutes: Cash in the till 1.6/1.7 million. Burn rate 300/350 K. )
B - Burn Rate : 457 K per month > Sedar.com
Cash, end of 2016 : $ 2,970,198.
Cash, end of Q1 : $ 1,598,322.
$ 1,371,876 / 3 = 457 K
There's too much difference between A and B to feel comfortable.
Plot A would suggest a delay in refunding is possible, taking into account warrants that have been exercised.
Plot B would suggest refunding is imminent.
The Q2-results will be released end of this month, which will give us some more insights in the burn rate u,
but
... LaserStock29, I would like to know your thoughts on this subject.
Many thanks.