HHR 10.0% 0.9¢ hartshead resources nl

Ann: UK Southern Gas Basin - Operational Update, page-39

  1. 17 Posts.
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    They have spent $5m since the December quarter. If FID and FDP haven't been progressing this quarter it would be good to understand the burn rate.

    The pipeline survey costs appear to be captured as part of the $6m exploration costs in the December quarter.

    $5m spend in two months with no material activity updates does not leave a lot of runway to ride out this period of uncertainty.
 
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