TAL 0.00% 0.8¢ talius group limited

5 well workover, page-14

  1. 29 Posts.
    Re; cash at bank
    my understanding is that current workover is entirely self funding, with cash flow from increasing revenues.
    as you point out Co also has access to line of credit and other capital for further acquisitions.
    with very low operating costs ( approx 20%) most of the revenue from gas makes it straight to the bottom line.
 
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