By that table@Gg5213 I feel that the General Admin (and all other 'Use of Funds') will work out to be even more because the Prospectus Total is for a full year (19 Sep 19 - 19 Sep 21) & the Actual Total is for just over 3 quarters (19 Sep 19 - 30 Jun 21). How could they be so OFF with their estimates?
SH have a right to be upset and the Company owes them an explanation for the massive 'blowouts'. I'm currently not holding but like many I'm significantly down long term on this stock.
According to the June 2021 Quarterly:
The ‘general administration fees and working capital’ line item includes, inter alia, executive management salaries and wages who are supporting the growth strategy and the Company’s business objectives.
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- Ann: Activities Update Qtr Ending June 2021 and Appendix 4C
Ann: Activities Update Qtr Ending June 2021 and Appendix 4C, page-7
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