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commitments for expenditure

  1. persistentone
    1,491 Posts.
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    13/02/13
    15:35
    Post #: 11415808
    In the 2012 Annual Report on page 69, note 19 shows a table at the top of the page with minimum commitments for expenditure on each of the two Australian projects. Can someone help me understand how to read that table? The $53M for 2012 represents what? That cannot be a minimum expense budget for exploration for just one fiscal year?
    NSE Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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