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13/02/18
08:58
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Originally posted by Joelsmith2452
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Further to my previous post, I have had a quick look at the quarterly cash flow statement, it seems the company has stated in the quarterly activities that the 3D Seismic is to take place in Q1 2018, yet the estimated expenditure on exploration for the Q1 period is only listed as $28,000............. While the salaries of the staff are $113,000 for the quarter... How many people work for NWE???????
I think we are getting bent over a little here.............
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Well we now know where the funding for the seismic is coming from.
3C get a steal @0.24c (40% discount from the 0.4c or 20% dicount from the 0.3c SP), and us shareholders get more dilution!!!