Ann: Quarterly Activities Report & Cashflow, page-9

drifta,

From your own post, which is from the Quarterly,

Taking into consideration
the above, as well as operating costs noted at item 1.9 the estimated quarters of
funding available ratio would be greater than 2


I have emboldened and underlined the crucial part, that you have failed to understand. It's not my explanation it's the Company's, from the Quarterly.

You do realise that the +$20 million that was coming out of the company accounts was actually Premiers cash and not 88e cash. Premier were paying for the Charlie well but 88e were the operator. I'd have thought you would know this.

Cheers