Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-8

Interesting to see the figures from the final Qtr and full year. I admit I’m a bit confused, but then again I’m no accountant.
I make the sales for Qtr 1 to be 803,000R
Qtr 2: 734,000 R
Qtr 3: 14,712,000 R
Qtr 4: 7,410,000 R
Total: 23,659,000 R
This is a little different to 23,453,000 in the latest Qtly but no big deal.

(I’m guessing the 700-800,000 R is for sales of CNG.)

I estimated roughly that loan repayments could total nearly 30,000,000 R/Qtr from now on.
That is a lot more than quarterly sales at the moment. Sales will have to increase VERY significantly in order to meet repayments IMO.

I’m also confused by the fact that sales were over 14 million R in Qtr 3, but only 233 tonnes of LNG were produced. Conversely, in the following quarter, 729 tonnes were produced but sales were roughly half of the previous quarter at 7,410,000.

If anyone can show me my mistake (I’m sure I’m not correct) I’d be thankful.