from March results..21 May 2015 16:57
The Group's net cash balances as at 31 December 2014 were £1,806,785 (six months ended 31 December 2013: £3,234,579). The Group's cash position currently stands at £1.25 million.
Outlook
With a defined, high impact exploration and development strategy in place and a portfolio of highly prospective projects located in close proximity to major historic and current deposits, I believe we are ideally placed for 2015 as the only highly active exploration company in Southern Finland. Finally, I would like to take this opportunity to thank management and shareholders for their support, and I look forward to building upon FinnAust's position as a leading exploration company.