Perhaps there is some confusion here
Burn rate, or, ongoing business support costs are about 8m p.a
There's no debt to service, no loans or any other commitments.
The 30m incurred was on seismic
Meo acquired a large sum from the petrobas jv and pre Artemis CR
It was a brilliant job by meo and it has enabled us to be in the position we are today... With Gurame
Not to mention the several more partnerships that will be formed from the seismics
It's not long now. Until we find out the true talent out mgt team have
what was the gurame cos?, page-12
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