23 Jan 2025 Last qusrterly - Cash on Hand ( clue in the bank account) $9.61m , Oustanding cash Calls from Venture Partner $19.8m (clue in Sonangols bank account). Cash and equivalents as at 30/6/24 was $12.2m and some $7m (managements fees) were received (revenue) for the Y/E 30/6/24.
Next quarterly due next week should only show about $1m less in cash holdings and Melbana net share of the next 2 drills should only reduce cash to $6m to $7m.
Those selling on ASX today have to wait until next Wednesday to get paid - at the same time buyers don't have to settle until 23 April.
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