Corporate
During the quarter, the Company expended approximately $2,247,000 on Ionic Technologies demonstration
and study activities, and $1,461,000 on Makuutu exploration, demonstration plant and study activities reported
above.
Payments to related parties of the entity and their associates totaled $254,190 and consisted of $26,375 Nonexecutive Director fees and $227,815 Executive Director fees.
1 Million a year in Non Ex Fees , Great work for some.
Ann: June Quarterly Report, page-8
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