qrtly out - where has the cash gone?

Well - now we know.
This time last year cash of $365m. 12 months later we have increased a paltry $35m.
That is not really good enough - the NW infratsructure JV appears to be a bucket with no substantial progress outlined.
These guys need to get back to delivering out of their existing PH allocation - drive the production up as far as they can with their existing infrastructure and hope like hell someone takes them out. Unfortunately, their delusions of grandeur are just that - incredibly dissapointing from my perspective.

I thought I would take $3.50, then $2.50 - now I am not so sure