Cash in the bank at December 31 2017 was $1,360,000
Estimated cash outflow in the following quarter was $726,000
Loan from directors Flannery and Duncan on March 9 2018 was $1,000,000*
Therefore, cash at March 31 2018 should be $1,634,000 (if loan is drawn down in full*)
https://hotcopper.com.au/threads/an...app-5b.3991966/?post_id=30707659#.WtMp1ZVzJPY
White Energy are in the process of selling their Mountainside assets in America and some interests in South Africa.
White Energy awaits the result of the Tranche 2 appeal in Singapore
Cash in the bank at December 31 2017 was $1,360,000 Estimated...
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