Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

This is a bloody joke.
For this quarter $171 000 on Admin costs, $17 000 on staff and ONLY $10 000 on exploration!
For the year $736 000 on Admin., $61 000 on staff and a whopping (?!!!) $57 000 on exploration.
GED is nothing but an easy source of income for Duggers , Muhling and their cronies. They are milking it dry. For the piddly amount that they are spending on exploration I think they must have one of their kids being paid a few bob to play hide and seek to see what they can find.
I cant wait to see the break up of expenditure for SBR and MLS......Duggers is laughing!!!! He mightnt be much of a geologist but he is a businessman every much as cunning as Alan Bond.