A 2675% increase? please!!!
Take into account:
Wages and Travel expenses whilst exploring for Bougani (which is still ongoing)
Transaction Costs/ Land Transfers
Fee's from Hartley's for CR
Drilling and Core testing (which is still ongoing)
Appropriate Legal and Accounting Costs (which is still ongoing)
That is just at the top of my head.
I have read too many times including in the AFR where they have stated that they turned 40k into 107 mil.
Nearly as many times as I have read that @notlistening is topping up on BGS yet again.
We can only put a rough figure on what it will cost Vs what we might receive per the LOI, but you will find it's not that great a "bonanza".
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