Ann: Pancontinental's Response to COVID-19, page-3

This is from Sam's post Money and Bass should read again.

Noticed the noisy two have been extremely quiet lately, probably out purchasing defibrillators .

Sam was on the "money"
Fair enough Bass, you averaged down - I genuinely hope it pays off for you in the long term.I don't have the money to put into any stocks right now as have kids in private school & groceries, petrol etc... so cautious at present.Here are some PCL facts though for everyone to be mindful of.Cash at end of this month is $1 million & they are going through approx $400k per quarter - mainly on Corporate/Admin costs & director salaries. Hence my comment that closing their office & director/staff salary cuts should be considered.Here is quarterly cashflow as at 31 December 2019https://hotcopper.com.au/threads/ann-quarterly-cashflow-report.5200150/?post_id=42667816Maersk Voyager appears to still be on the first Angola well. My understanding is that it will next drill on block 48 next door before moving to Southern Namibia for Venus-1. Only way Venus-1 could spud in April is if it was the next to be drilled (before Angola block 48).https://www.vesselfinder.com/?imo=9633575Block 48 well is the deepest water well ever drilled, so I expect it could take up to 3 months.I am not expecting the Voyager to move to Namibia until late June with a spud in early July.