ZMM 11.1% 1.0¢ zimi limited

New info from report** Farmout discussions continuing** Company...

  1. 2,883 Posts.
    New info from report


    ** Farmout discussions continuing

    ** Company has lodged a further application for additional Australian offshore acreage, released as part of the 2011 acreage release. WHL Energy expects to be notified in early 2012 if it has been successful.

    ** Evaluation of new venture opportunities in the Australian and greater East African region were also undertaken during the December quarter and are ongoing.

    ** As at 31 December 2011, the Company had A$3.672m cash on hand and no short or long term borrowings.

    ** UK and US assets will not be going forward

 
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