RE: KeithOz repost from earlier28 Sep 2025 19:05
Taken from ADVFN:
helpfull: The force is strong here.
The great man has spoken.
And the share price is down.
Cash at 30 Jun 2025 : £2,578,090
Cash raise 21 Jul 2025 : £1,000,000
Total cash : £3,578,090
Less £400,000 admin. charges for 3 months.
Less £370,000 paid at completion of T&T acquisition on 1 Sep 2025.
Leaving £2,808,090.
Trade and other receivables £355,206
Trade and other payables £4,100,173
That gives a deficit of £3,744,967 (payable minus receivables).
Take away cash of £2,808,090 and that leaves a negative £936,877.
Excluding costs such as Mou-3 well intervention.
Expect another cash raise.
Be careful