Looks ok to me. ~9m in the kitty at the end of this quarter, with another 2.4m(?) odd to be added once the Brevet debt is settled.
Not sure what the $410k spend is on "investments"? At 410k a quarter he's doing worse than me!
(Exchange rate movements have largely offset that, i suppose)
Anyway seems any need for cash is a while off, at least.
Spend wisely.
Ann: Quarterly Activities Report & Appendix 5B, page-5
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