Estimated quarters of funding available (item 8.6 divided byitem...

Estimated quarters of funding available (item 8.6 divided by
item 8.3) 1.991
Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”.
Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7.
8.8 If item 8.7 is less than 2 quarters, please provide answers to the following questions:
8.8.1 Does the entity expect that it will continue to have the current level of net operating
cash flows for the time being and, if not, why not?
Answer: No, the current quarter included drilling activities at Lake Goongarrie which have
ceased.
8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further
cash to fund its operations and, if so, what are those steps and how likely does it
believe that they will be successful?
Answer: No.
8.8.3 Does the entity expect to be able to continue its operations and to meet its business
objectives and, if so, on what basis?
Answer: Yes, current cash balance is sufficient to meet the Company’s current business
objectives.
Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered.

Replacement cash flow for being DECEPTIVE

Management are showing deceptive behaviour. The original qtly cashflow had 2 qtrs when it was 1.99. Putting 2 avoids having to answer questions as above, however they were obviously picked up by the ASX hence the replacement. Being sneaky and caught!!

And further deception-14th July 2022- "Share Purchase Plan to Support Ongoing Lake Goongarrie Discovery Drilling"-They are the above funds and question 8.8.1 answer clearly states-
'No, the current quarter included activities at Lake Goongarrie which have ceased"

So the funds that were raised for drilling at Lake Goongarrie have ceased, so those funds are to just pay the execs salary for the next how long??

Disgraceful

The qtrly also has very little details on the J/V for Selkirk, why not? The jv partner must have done some sort of feasibility and have a likely surplus cashflow or they would not be entering into it. Same as volumes, OZs produced they have a good idea what they expect to produce.

WE ARE THE SHAREHOLDERS, why is that not published????