HOG 0.00% 0.3¢ hawkley oil and gas limited

But they wont have any money to do anything with Myanmar or...

  1. 215 Posts.
    But they wont have any money to do anything with Myanmar or stoliarovska.

    With forecasted expeditures to be $3mil next quarter, $1.6mil in the bank and lets say they pull out a similar amount of gas of which they earnt this quarter ($3mil gross) then after tax we will actually be eating further into our 1.6mil kitty.

    When I first bought into HOG they had $17mil in the bank I have watched that turn into $1.6mil over two years with two failed wells and not much else.

    Administration costs are to much!
 
watchlist Created with Sketch. Add HOG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.