why this?, page-14

King kev, my understanding from the last announcement was they have renewed the licence and have 3 years to use it or lose it so to speak. Most of the posts on MNE over the past 6 months have focussed on the operational costs and concerns over where money will come from and how quickly in order to stem a capital raising. Most are gambling on the timing being very fine so as processed ore will save the day by a whisker. What is not mentioned is the extra costs that teutonic have or may incur even if by doing some simple geospatial number crunching. You have to pay someone something to compile and analyze data, and bottom line is..this aspect has not been mentioned.