cash situation - how can it afford development, page-3

Galoc is declining and admin costs are rising do you really expect galoc to pay for future exploration ? There is simply no other way the company can afford the plans without raising funds from investors once again. money needs to be set aside to further develop galoc to keep it pumping into the future and raise the production rate. The question has to be put to management how is it all going to be paid for ? Wasn't Tindalo meant to bankroll gindara and al future string of pearls ? Didnt a director state the plan was to such each pearl dry and move onto the next ? Nidos position is negotiating farm outs is going to get worse and worse as these issues remain unsolved simple as that.

-How is debt to be paid down ?
-How are future drills to be bankrolled ?
-How will they afford share to devlop galoc phase #2 ?
-How will admin costs be paid running at ~ $3 million a quarter ?
-How are they going to pay for further interpretation of service contracts?

All of this off galoc running at less than 8kbopd nidos share being ~1600 bopd and falling.

They are simply spending more money than they are making simple as that. Income is declining yet they are stepping up spending they have to take some drastic action to change the direction the company is going.