RFE series 2018-1 reds trust

There it is - I wasn't far wrongRFE 1/4ly report All the usual...

  1. 738 Posts.
    There it is - I wasn't far wrong

    RFE 1/4ly report

    All the usual beer and skittles.

    No increase in revenue - in fact it appears that there has not been any revenue as a result of the aquisitions.

    They spent less on exploration and evaluation- considerably less on development - and spent the same on themselves.

    They recieved the same revenue as the in the previous 1/4 but appropriated production costs basically doubled.

    Cash has decreased to $13.5 mill

    Gonna do statements continue. I expected as much - Oh dear.
 
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