[and NEN] are awaiting reconciliation to determine its remaining financial obligation" - quotes from a fortnight ago.
This key question still remains - how much cash is left?
The board should have governance in place to know within a million or two and should have made a statement in the quarterly.
This is OOC management and to me increases the risk of the real cash on hand value being very low if not negative. :)
- Forums
- ASX - By Stock
- NEN
- 2 wells experience significant cost over-runs
2 wells experience significant cost over-runs, page-41
-
-
- There are more pages in this discussion • 84 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)