The below is our CEO's response to your query.
'I am writing to answer your query about administration costs, as shown
in the recent Quarterly Cashflow Statement. Several other people have
contacted me about this. In fact, it is an ambiguity caused by the
format of the report. Administration costs were $0.9 million in the last
quarter. The figure of $2 million shown in the report is cashflow not
expense and is a combined amount for admin cost + VAT paid + tax
pre-paid. I trust the lower figure is more in line with your
expectations.'
Any further questions please do not hesitate to ask.
Kind Regards
Sue
Sue Cullen
Office Manager
Hawkley Oil & Gas Limited
- Forums
- ASX - By Stock
- answer to question on admin expenses.
The below is our CEO's response to your query.'I am writing to...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HOG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online