Ann: Quarterly Activities and Cashflow Report 31 March 2020, page-8

its $3.5M without the E&E capitalisation

So actually this was a far more impressive qtry in terms of cash burn than first glance suggests.

a link for capitalised costs:

https://www.investopedia.com/terms/c/capitalizedcost.asp

blind Freddie errors 4 and 5:

https://www.bdo.com.au/en-au/accounting-news/accounting-news-march-2017/blind-freddy




a pretty good qtrly. I’m glad to see the uranium got a mention. The kick-start grant and desktop study sounds promising. I didn’t realise there was vanadium there too. The grade of our vanadium is actually pretty good. It isn’t too far away from TNG’s.

jeez: lithium, uranium, vanadium, gold, silver, lead, copper, zinc...

We are now going through the approval process with BP33. Good to see. Given the approval of Grants, hopefully this will be a much quicker process for both the company in terms of its prep work, and for the decision making bodies.

IMO

GLTAH