Hoping the higher oil prices now will result in a slightly better cash flow however there were some indications that there were going to be some workovers this quarter (from memory they were moved from last qaurter). But saying that they are a bit tight on cash and cap raise at this stage will just dilute shareholders quite a bit.
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- News: ATS Australis Oil & Gas Says HY Net Loss After Tax $13.8 Mln
News: ATS Australis Oil & Gas Says HY Net Loss After Tax $13.8 Mln, page-34
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