TEX target energy limited
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laurence roe email

  1. karmalocust
    3,527 Posts.
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    13/12/07
    15:06
    Post #: 3157089
    My question was " What is our current cash position and what is our burn rate monthly?"

    LR: Our cash position as at the end of October was approx $4.7MM. All the costs associated with the wells that are in our current drilling program (2 drilling now and three more in the first quarter 2008) are covered within that cash position.


    Doesn't real tell us much but thats what he said

    Karma
    TEX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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