Ann: December Quarter Report and Appendix 5b, page-4

Its really poor to be honest, i get that they have stock piled ore ready to move, but they have been selling it not for that much profit.
This is why the financials look so bad.

Now they have blown the $20 mill that they had in cash before they started operations and have diluted the resource of the stockpile.
They also spun out the gold portion in the tenement, now the company is more isolated.
Somewhere down the line some one has made money, as it has sent prg into recievership and prg's contractors are chasing prg for unpaid work.
I doubt those contractors will see a dime and may cost them more money in the process chasing payment via legal fees. Those poor businesses probably better to submit the claim and leave it at that.

GWR in real tuff spot now trying to move ore that has been mined that they cant move to make decent profit off.

Now the company seems to be chasing another project somewhere else, magnesium?

Not my cup of tea this 1 and i hope for existing holders the price of ore comes up so you guys can make some decent profit.
Atleast so you are back in the black!

Rooks