In deed, let us keep in mind that end of 2016 POET had to invest in infrastructure of DL to get it on steam. This increased the burn rate. Yes, possibly there were some more investments beginning 2017, all the new hired staff need their workspace, but I guess most of this will be payed by this nice grant from Singapore EDB.
Past history tought us pessimism (PO), but I am very sure POET learned their lesson, so we should not let us down now and attack board members like wounded dogs.
It is springtime, and the sun will shine on us.