Estimated cash outflow f.quarter ending 31 march 2015 : $ 150,000
Actual cash outflow f.quarter ending 31 narch 2015 : $ 276,000
With (mis)calculations like this,RDS will be out of money end may 2015 and be forced into admin.
Please also note that payments to admin again was higher than to exploration !!
This to a management team waiting f.something to happen !
(Mr.V.Hemst do not draw any remuneration)
I am also not clear why a rebate is taken up as income?
Estimated cash outflow f.quarter ending 31 march 2015 : $...
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