cash position ??any ideas on exact cash position now considering cost overruns at Mulyawara 1 ?? ...
as per Jennings report ...
On August 29, 2011, Rodinia released its operating and financial results for 2Q 2011. At June 30, the Company had
$21.8 million in cash, $10 million of term deposits (average maturity 149 days) and no debt.
Rodinia has also high-graded its Kutjara-1 prospect, located approximately 35 km southeast of Mulyawara-1. Kutjara-1
will be the second of the Company’s initial four-well exploration program