I reckon we are down to between $3m to $4m left in the bank....

I reckon we are down to between $3m to $4m left in the bank.
This is mainly due to extra costs incurred and virtually no income flowing in.
Admin and staff costs this quarter will cut that again by about $1.3m.
It looks like another 4 weeks and another 4 weeks after that to fill the Wyndham tank so 2 months again with no income.
Its not hard to see where I'm coming from though some of you wont like it.

The saviour for us though will be the conclusion of farm in talks and the guts of the deal.
If for instance we don't get cash up front for back costs then there will no doubt be a small placement that will have to occur.
The other option which I find it hard to believe we have not canvassed yet is some sort of bank loan till BRU gets on their feet.

It seems we will have 8 trucks working on reduced daylight hours needed to get to 3000boo/d.
Which is roughly every 25 days to load say 75000 boo into the tank for export.
Will the one tanker get there and back in 25 days to load up again?
I hope so.

All in all its totally unsatisfactory that we are in this position yet again.
Yeah I know its a 1 in 100 year event or maybe global warming is showing us what can happen.
Lets hope our farm in partner brings some expertise and money into this farm in J/V.

Surprise me Eric in a good way, not the way BRU usually surprises the longs.