MEL 0.00% 0.4¢ metgasco ltd

I'm expecting around a million in the bank, reducing by half a...

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  1. 6,609 Posts.
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    I'm expecting around a million in the bank, reducing by half a million post quarter end due to the KBC exit arrangement. They need money, sure...but drilling starts in 2 weeks, will take 3-4 and then part payment will likely be on 60 day plus terms. I'm sure they'll have something sorted next week post VEN raise.
 
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