Bluedemone,
It is good to see that you have done a little research based on the last 2 quarterly reports. So, where were you with all the doom and gloom before those reports were released and when Nido didn’t have any Galoc income?
So please, do tell us. What effect will the Galoc income have for the first quarter and beyond in 2009?
I do admire you psychic powers in being able to establish how much research I have done and to know what I do on a Saturday night.?
Now let’s take a little look at the calculations that Mach111 was kind enough to provide for you. I do mean ‘you’ because we, the investors, knew this income would be coming. Ooooooops that was very naughty of Mach111 in not converting the US$ to AU$ for you but not to worry as I will help out US11.73 Million X 1.49 = AU$ 17.51 Million. Nah ! That can’t be right can it? Can it?
Look, even Carpo25 was kind enough to post something that perhaps you should also consider.
So cash on hand will drop again this quarter and then begin to rise next year. Is that correct?
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