re: Ann: Quarterly Cashflow Report - Qtr ende...
… looks like another 540K down … near 2 million left in the kitty !! .. and thats with Anglo funding all exploration in Indonesia and Papua … !!!
.. as I have posted before .. imo the Australian projects are nothing more than an unwanted sideshow (hope I'm proved wrong, very wrong) … draining valuable cash needed to buy time until Anglo exploration is underway on both projects and hopefully making a find or two …
.. we still have just under a billion on issue … I don't want to end up with 3 billion in 2 years !!
… so much potential in the Indonesia projects and Anglo American maybe seem to think so by funding all exploration and using ARC as their pseudo exploration arm in Indonesia perhaps ! … both projects could be enormous especially West Papua… !!
Go the ARC !!
only my views .. DYOR.
Ann: Quarterly Cashflow Report - Qtr ended 31 Dec, page-2
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