NAV = £2.3m6 Aug 2014 13:32
stands at ...approx...
CASH = approx £1m
Recently acquired investments = approx 750k
*Trade and other receivables = approx £550k
Total = approx £2.3m
m/c atm stands at £880k.....should be almost TRIPLE!!!!!....
* from accounts...
In January 2013, the Group entered in to a contract to purchase 20,000 cubic meters of Gasoil at a price of US$775 per cubic meter. On entering the contract the Group paid a refundable deposit of £499,900. If the Group chooses not to perform on the contract, the deposit will be refunded. The contractor, at their sole discretion, has the right to impose a 2.25% fee for any amounts refunded for non-performance. As at 30 September 2013, the deposit remains outstanding.