Ann: Appendix 4G and Corporate Governance Statement, page-8

Good question Honesttrader.

To which I do not have the answer, but I will find out.

Next Q estimates:

Staff costs (524)
Administration and corporate costs (498)
US Subsidiary (227)

So they have reduced their headcount by 50% (as per anns) but total staff/admin will be over $1m for this Q, Jan-march?

They have I think 8 employees and 3 execs
$330,000+ month in wages and admin alone?


Then the mysterious $227,000 payment to US subsidiary, which one and why?

Again I will get to the bottom of it.