Cash on hand at 31 March 2019 is US$4.1 million Q2 Revenue 93,515*64.49 (oil)+523,498*3.03 (gas)=US$7.6 million Q2 Oil and gas development expenditures = US$4.5 million Cash on hand at 30 June 2019 is US $1.5 million
Maybe I am calculating something wrong but where did US$5.7 million go?
FDM Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held