Not sure Macrae12 ... will check out the latest quarterly cash flow tonight when I get home (I suspect you know the answer so feel free to elaboraate anytime b4 lol).
You are no doubt alluding to the prob need for a capital raising or a debt facility to continue proving and then develop the Lorraine gas. From memory they are spending more on invetigations to improve GiP estimates this quarter.
Looks like buyers(s) took advantage of the weak market today to top up on opening and only had to push the price up to 23c to get them .... they are patient buyers and I take it as a v good indication of where the sp is trending.
Cheers
Poyndexter
KBO
kimberley oil nl
this is what is driving the sp rise, page-4
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