FINANCIAL POSITION
The net assets of the consolidated group have increased by $3,736,341 from 30 June 2012 to $11,425,912 in 2013. The consolidated
group’s working capital, being current assets less current liabilities, has increased to a surplus of $2,467,170 in 2013 from $1,607,197 in
2012.
The Directors believe the consolidated group is in a strong and stable financial position to meet its stated objectives
so they have access to just over $11 million bucks is this right
what i dont understand is if they are looking at seismic data now and possibly need more to get accurate drill target or possibly shoot the seismic why wasnt this don well over 12 months ago before they announced a drill date seems to me they dont know what they are doing they are just pulling the wool over our eys or i could be wrong been in this stock nearly 12 months now patience is wearing thin now with
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we have a announcement, page-13
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