hard rock energy conference melbourne june 4

David McDonald, Managing Director, KUTh Energy Ltd will be presenting at The 4th annual Hot Rock Energy conference. June 4 & 5 in Melbourne

If possible I will try and post a link to his presentation.

I am a new Shareholder of KEN and I am excited about the future.
Clearly this is a two to three year play thinly traded and they will need capital raising and Government Grants.
Researching the Directors and employees it seems like a dynamic interesting “Groundbreaking” Pun/punt.

I look forward to reading other “Hot Copper” comments.

http://www.informa.com.au/conferences/energy-utilities/power-electricity/the-4th-annual-hot-rock-energy-conference


Some Data ..
March Qtr Cash in bank $2.26 Mil.
Cash burn in March qtr $806K. Less Gov Grant $207K Burn $600K.
Cash burn YTD 9 Months Average $214K
Therefore current available cash 3 Mths.@ $600K Excluding Grant.
Or 10Mths Average cash burn.

As above applying for the 7 Mil Gove grant.

No of shares on issue 30.1 Mil. not including 23Mil escrowed till 25 Sept 09.