Key takeouts:
Site operations suspended due to COVID 19.
NHill lease has expired in Aug '19. Austpac lodged renewal in July '19. Awaiting an answer.
Why did they wait so long and lodge the application so late?!
HUGE outgoings on administration again. $250k cash left. APG predict it will last not even 1 Quarter and are expecting "coporate investment". Is that a fancy way of saying CR coming??
Not much to get excited about. We really need new blood on the board. The test results are promising but we need some experience and drive to take it to the next level instead of the snail pace our board have been moving at for years and years
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- Ann: Quarterly Report 31 March 2020
Ann: Quarterly Report 31 March 2020, page-3
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