"*The Company is taking conservative position with its estimated...

"*The Company is taking conservative position with its estimated cash outflows for the next quarter based on anticipated successful capital raising to occur during March 2019 quarter."I
I am bemused by that comment as well Crunble71 which I have requoted and put into italics.
If we look at the Administration and corporate costs in the reported last quarter they spent $118,000. Yet their projected expenditure for this coming quarter, despite their claim that they are taking a conservative position, is $175,000. So almost a third more with a conservative approach ????
Go figure !