Based on what I can see they should be netting circa $9m net of production costs and finance expenses for March. Call it $7.5m after admin. Take away repayments and you have $4m before one of costs, whilst retaining $6.5m cash at bank.
There is no pressure on the balance sheet. And yes, of course they will fund future drilling primarily through debt - it's their strategy.
Based on what I can see they should be netting circa $9m net of...
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