How so, could have leased the premises for a 20th of that...

How so, could have leased the premises for a 20th of that amount?

Is $500k the cost?

My take is that they paid considerably more than 500. I'll presume the $138k, the $195k and the $338k relate to the Mt Isa acquisition.

(feel free to correct me!) Can't imagine what else they relate to?

There's $671,431 (discounting the 77k on vehicles). I wonder what a 12 month lease would cost, with options to extend?

This was in the Dec '21 qtr - perhaps in those heady pre drilling days, RB got a bit (way, way, way) ahead of himself?





Now that the $76k on vehicles might be unrelated but still a big $$$ item. Why are they buying rather than leasing?

F... me. Madness.