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Gold/Mining/Energy : Nuvo Research Inc
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To: SofaSpud who wrote (6506)1/19/2001 6:17:41 PM
From: Cal Gary   of 14101
 
Based on my crude calculations, cash at Nov 30 should
be about $2.05 million. I stand corrected.
Still no debt on the books.

We should be showing UK extraordinary income next release
recorded in the third period.

Any other comments?

1Q 6mo 2Q
31-May 31-Aug 30-Nov Diff
Cash 9.656 5.500 2.056 2.045
Rev 0.236 0.513

OP Exp (1.900) (4.600)
Net Loss (1.700) (4.100) (2.400)

Plant (0.350) (1.200) (0.850)
Oxo (1.600) (1.600) -
Inventory -W/C (0.495) (0.700) (0.205)
Cash used (4.145) (7.600) (3.455)
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