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Re: Revised numbers* (incl GW)

By: DigSpace in ALEA | Recommend this post (0)
Tue, 20 Mar 12 5:52 AM | 105 view(s)
Boardmark this board | The Trust Matrix 		Msg. 06939 of 54959
(This msg. is a reply to 06937 by Cactus Flower)
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Could the auditors stand GW on its head and compel a different number?


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The above is a reply to the following message:
Re: Revised numbers* (incl GW)
By: Cactus Flower in ALEA
Tue, 20 Mar 12 4:10 AM 		Msg. 06937 of 54959

Hi tkc,

That's exactly what I'm saying.

If they've used the ATM it is because they have chosen to, not because they had to.

The quarterly burn rate is lower than folks think it is, even at Q4 rates of spending.

GW is in the balance sheet at $3.8m. I've assumed a slow 10 year depreciation schedule which gives the $0.1m, but my $0.3/qtr for total depreciation encompasses a 5 year schedule just as well.

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