RE: What a beautiful Cup and Handle formation15 Aug 2023 12:26
Cash position $2.5m 8 Feb. $14.8m Raised 27 March Bonds. GGS cost $4.3m. As of 30 June Cash at $5.2m means $8m “Flowed out” on production average of 1000bopd.
Unlikely to have over $5m cash now as that was 6wk ago.
I’ll say $4.5m Cash.
Share Count 8 Feb 277m has increased 2 and half Fold to 699m today,