Ann: Pause in Trading, page-6

this illustrates the relentless nature of cash drain in setting up of mining...they were never going to have enough cash to get mining, considering that the costs of set up would be the same whether it was to treat 5,000 tonnes or 50,000 tonnes, and it now looks like lammington might not be prepared to meet all costs until the operation has been proved viable, who is paying for exactly what are details that shareholders should have.

that 1.5mill has been wittled down to about 1mill , and had the directors not taken shares in lieu of fees, cash on hand would now be down to less than 3/4mill.