Thanks again @Jack1960 for providing the accounting know how to aid my numerical analysis
In future I will just use a ratio to estimate the R & D refunds from the Research values shown. I know the 4Cs aren't as accurate as the annuals but with a company moving forward at this velocity I like to try to stay in front of the curve - even if not exact.
Point of note this evening is that when I entered the R & D refund into my tracking it comes up with the interesting result that by my estimates we have pretty much the same amount of cash at bank today as we had at January 1st!
That of course requires the R & D to be counted already, and is helped by the $1.5m oppies conversion - but its a nice place to be!
Lets see how that pans out in a couple of weeks when we know the numbers more accurately.
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