" at 30 April 2012" was $7.15 million.
In the CTP Presentation released to the market on 12th June 2012 it stated in the "Company Snapshot" that "Cash at 30 April 2012" was $16.5 million.
Given that CTP's cash position as at 30th June 2012 was $12.105 million (having raised $10.188 million in the Quarter)"
Goggo,
If mathematics is not an opinion, it appears that in the two months 30th of April to 30th of June), they have burned a total of $5,233,000 dollars. TWO MONTHS LOL.!!
Not a bad going for being only an explorer company.
Obvioulsy the overheads costs in this company of ours are way way way too high.
There are companies out there that are I don't know how many times bigger than us, and produce bundles of oil and gas, and their Admins costs are no way near ours.
" at 30 April 2012" was $7.15 million.In the CTP Presentation...
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