Ann: Onshore Indonesian Oil Operations Update - February 2019, page-23

Well, sure is clear as mud, hopefully they can get it cleared up soon as that's what's holding investors back here IMO (myself included). A statement clarifying the financials (and a further loan deferral) wouldn't go astray because at this point it looks like they have approx. $850k in the bank with outgoings this quarter double that (900k production, 300k admin, 500k loan repayment). It would be a real shame if they needed to raise capital here as they look to be on the cusp of starting to generate decent profits and positioned to scale the business up. They may very well have the cashflow coming in to cover the outgoings (and no need to CR) but from an outsiders view the financials look like a bit of a dogs breakfast........very confusing i must say.