Wow,lots of reading....Like BR said 1.79 Million in bank 30...

Wow,lots of reading....

Like BR said 1.79 Million in bank 30 June
Amin expenses for quarter ending June 30 $113 000 (how low is that? no big salaries and waste there??)

cash outflows this quarter
Exploration & Evaluation $300k ( seems we have some exploration this quarter, drilling Gold in QLD I assume, must start in next 2 months?)

Admin expenses $325 000 ( triple that of last quarter,
we must be paying for something...)

I liked these points about Brown coal ...

"In addition, the coal can be transported in slurry form, which makes it a very safe product to handle"

"Exergen has developed a patented process which is seen as an “enabling technology” for a number of coal
conversion technologies such as coal to gas, coal to oil and coal to chemicals and fertilizers."

so many projects, I just hope the oppies are in the money come December 1 because we have so many exciting projects which need drilling....

"Prior drilling by Mantle at the Gromac prospect intersected what appears to be the upper margin of a molybdenum copper porphyry system."

"Mantle is of the view that the mineralisation
system at Gromac is similar in nature to those
underlying the Mt Leyshon and Ravenswood
porphyry gold mines.
These mines lie to the south and south east of
Charters Towers respectively and are each
based on multi million ounce deposits."