If the drilling costs are estimated at USD 20 million and we are funding 50% but only have AUD 9 million in the bank as of 31/12/21 am I missing something? Is the $2m exploration expenditure from this quarterly part of our contribution to the drilling cost?
Even if that’s the case it still cutting it fine especially as we need to pay wages / overheads for the current quarter as well? Unless given all the 3rd party costs are going to companies our directors are associated with and they are gonna give a bit back if the bill for drilling goes over!
If the drilling costs are estimated at USD 20 million and we are...
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Change
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