RE:RE:RE:How much cash do they have on booksTheGrapeOne wrote: $1,200,000,000 and based on the spend on the ER they just put out they spent $143 million cash last 1/4.
So 2 years 4 months based on that cash burn.
Now the US market opens up and this company instantly gets $800,000,000 in added revenue and Consetelation will make the move.
So I do not see them every burning through the full balance before trigger events happen.
charliebitmyfin wrote: angelnicky wrote: and when will it run out
750 mil, by year end
??
june 30th cash and cash equivalents is 769 mil.
net loss for the qtr was 2,088 mil, of which 1,728 was asset impairment, a difference of 360 mil