HOG 0.00% 0.3¢ hawkley oil and gas limited

"So much cash"?It will be interesting to see how much cash at...

  1. 448 Posts.
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    "So much cash"?

    It will be interesting to see how much cash at the end of the June quarter.

    The way I added it up:

    If cr is complete 18mil

    Cash at end of Mar qtr 2mil

    3 months income 9mil

    Cash earned before ann 3mil

    Total cash in bank 31 June $32million

    This figure could substantially increase if they crank up production.
    VAT holiday for four mths, so most of earnings retained.

    Present outgoings do not look like making much of a hole in this.


 
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