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14.7% 3.9¢ podium minerals limited

Ann: Quarterly Activities Report, page-3

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  1. rodb
    994 Posts.
    lightbulb Created with Sketch. 174
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    31/10/19
    09:16
    Post #: 41162653
    Hi CV

    From the Quarterly:

    Staff, Administration and Corporate costs = $295,000 + Other Native title and Salary payments = $165,000

    Total costs of above :$460,000

    Compared to Exploration = $126,00

    IMO..... costs a bit on the heavy side in comparison.

    Forecast is for more exploration in the next quarter which is great but they need to trim costs on the management side of the operation, currently way over the top compared to other juniors in the sector.
    POD Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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