G79 0.00% 2.7¢ goldoz limited

Three Theories for the Great Silence, page-81

  1. 781 Posts.
    lightbulb Created with Sketch. 13
    9. Estimated cash outflows for next quarter $A’000
    9.1 Exploration and evaluation 1,334
    9.2 Development -
    9.3 Production -
    9.4 Staff costs 140
    9.5 Administration and corporate costs 273
    9.6 Other (provide details if material) -
    9.7 Total estimated cash outflows 1,747

    $1,747,000 / 3 = $582,000 a month

    They aren't going to be spending 1.3 million on exploration costs per quarter.
    And if they are running out of money all they have to do is reduce exploration.


    How the hell are they spending 1.3 on exploration anyway ? i would love to see a breakdown of the costs.
    Last edited by pittyh: 12/05/17
 
watchlist Created with Sketch. Add G79 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.