Hi all,here’s a quick overview of how FAU has used its funds...

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Bluequartz

461 Posts.

13/08/19

11:10

Post #: 39973456

Hiall,
here’s a quick overview of howFAUhas used its funds since July 1 last year.Not a completely detailed picture, but it does show you how fast company money is being used.Note the Exploration BLOWOUT this last quarter, from the March 31 estimate.
QUARTERLY
FINANCESas per ASX Finance Statements
CASH at
BEGINNING
In Millions
CASHat
END
In Millions
ACTUAL EXPLORATION
and
ADMINISTRATION
EXPENDITURES
FORWARD ESTIMATESOFExpandAdmin
EXPENDITURES
for next Quarter
To
SEP302018
$5.124
$4.033
USED
$1.091
EXP.$0.493
ADMIN.$0.650
EXP.$0.616
ADMIN.$0.323
To
DEC 312018
$4.033
$3.219
USED
$0.814
EXP.$0.644
ADMIN.$0.347
EXP.$0.130
ADMIN.$0.290
To
MAR312019
$3.219
$2.512
USED
$0.707
EXP.$0.184
ADMIN.$0.352
EXP.$0.350
ADMIN.$0.270
Total$0.620
To
JUNE302019
$2.512
$1.636
Used
$0.876
EXP.$0.804
ADMIN.$0.133
Total$0.937
EXP.$0.620
ADMIN.$0.230
SUMMARYOFABOVEWITHTODAY’s$1.5MCASHRAISE
AUG132019
Cash Raise
$1.500
Average Qrtrly exp.
$0.872
CASHFORFAUto operate with. Assume $0.136 already used since July 1, then, roughly $1.5 + $1.5.So THREEand a bit Quarter’s money left, for FAU to impress the market.
GLAH
Bluequartz