Thanks @Sharetrader78
Those are sensible numbers with potential for some upside.
So with $11m cash at the half year plus $8 profit this half they are around $19m.
They have to provide up to a total of $24m ($12 CUE, $12 CP carried funding) for near term exploration and development of the Amadeus assets.
So a lot of cashflow will go to Amadeus over the next couple of years. No room for a dividend but hopefully no need for a capital raising either.
AUD oil above $150bbl >, page-17
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