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Ann: Research Note, page-16

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  1. 1,562 Posts.
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    R15, we can individually verify the numbers in the recent report by looking at the quarterly cashflow statements and half yearly accounts. We are fortunate that the report is mainly reporting on actual achievement and not reserves or ifs. We can also verify for ourselves the production in Sonris if in doubt. Net Assets imo are around $19m using the Dec13 half yearly, their is no debt but we should all form our own opinion based on the evidence we have. Accts are boring but numbers always tell the story.
    All opinion only, Bw
 
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