re: Ann: Company Insight MD on recent USD265 ... Dan - 2 questions follow which, when answered correctly, will help you to understand the trend in cash burn moving forward. The path to HC enlightenment is littered with the bogus posts of those who are incapable of basic mathematical abilities.
Q1) Which quarter did the staff shedding occur and therefore what proportion of last financial year would they have had an effect?
Q2) What was the revenue from oil production last financial year and what is happening to the trend of oil production and cash revenue over time?
When (If) you can (sucessfully) answer these two questions you will realise the inadequacy of your prior assessments & predictions of LNC cash burn in the quarter ended September 30 2012. You may use LNC ASX releases and a calculator in determination of your answers. Good Luck!
re: Ann: Company Insight MD on recent USD265 ... Dan - 2...
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