Best not to read this, you will just get angry.
The part of totally forefeiting $6.7 million to graphex for not completing the purchse of the 10% is truly incomprehensible and morally unacceptable. Seems the exploration spend was way to much to accomodate an agressive asset purchase program at the same time. Going into administration I reckon has cost us close to $8 million.
Anyway Onward and Upward
Ann: Annual Report to shareholders 31 December 2015-TON.AX, page-2
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