It's OK Paul,
if they print another 62.5million shares at .008, they'll be able to pay admin for another quarter - but how the hell will they ever dril a bloody lease, or pay for a diamond separator, or renew the leases that expire in a few months?
Perhaps they should cut admin payments and say Smyth needs to stay in Australia, as it's costing 3 arms and two legs to have him trolling over to the UK every Aussie winter to stay warm in their summer - but not bad if you can get it I suppose......
No money allocated for exploration or drilling next quarter, so batten down the hatches for more of the same.
Basically, keeping Smyth in the manner to which he's become accustomed.
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