I would expect a very similar cash balance to last quarter revenue should be $15m ( two cargos as noted in ottos quarterly report) while the expenses were estimated at $16m in the last quarterly. Admin still appears to be a big problem for both otto and nido they spend on staff like they are big oilers $6m pa is too much on admin for nido how much staff do they really need if they focus on wl and galoc alone ?
I would expect a very similar cash balance to last quarter...
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