This company is an absolute JOKE.
$196K in Admin Costs last quarter (again, an all time record for this minnow with only 4 employees)
And next quarter - expect to spend $250K in Admin Costs - and they are an exploration company, they only expect to spend $220K in exploration!?!?
No wonder the Directors were the majority of people buying shares in the last Cap Raising - I am guessing that they also agreed to give themselves a pay rise to the same value of the amount of shares they applied for!
Your time has come Mick and All, the GRAVY TRAIN is about to come to the end of the line.
How in the hell do you get $250k in Admin costs...all you seem to do every quarter is issue a bunch of 3B notices and "continue discussions on offtake agreements".
ALSO - Given they only had $104K left at end of March, and they only raised, what $382k....they have enough money to last to 30 June...bunch of muppets...thanks for nothing Mick...the only person to have made any money out of this sham of a company is you and your merry men. Get out.
$250 K in Admin - you bunch of leaches.
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