PCL 5.88% 1.6¢ pancontinental energy nl

Besides the operational update given today, it was also nice to...

  1. 24 Posts.
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    Besides the operational update given today, it was also nice to see a modest cash burn of only $475,000 for the quarter.
    This is quite low and shows great restraint by management.
    It leaves the company with $5m cash.
    And moving forward, nothing to spend it on as Woodside (assuming they exercise their option) are picking up the tab for everything...
 
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