If my maths is correct here:Cap raises:-Sept 6.6m-feb...

If my maths is correct here:

Cap raises:
-Sept 6.6m
-feb 1.12m
-April 3.44m
-July 3.38m
Total 14.54M

Drilling:
4242m diamond - Aug-Sept Red October
6494m RC - Oct-Nov, Devon/Olympic
3677m RC - May - Hill East

So 14.5 million raised, 14km of drilling and still a loss of 9.6Million?

3.8 Million spent on "exploration and evaluation expenditure" - where did the rest of the money go?

Also spent 800k on plant/equipment when the mine has now closed? How is that good foresight?

And MD making 350k to oversee this, plus charging Mata:
- 60k for accounting/tech serivces to Bulletin (which he is a director of)
- 7k for sub-letting storage from his other company West-Sure
-24k for car hire from his other companu WA fleet systems.
I'm curous as whether these deals were the best available for the shareholders, or the best for lining pockets


The baord takes home >1 million dollars to sink the company - very disappointing

I've compared what has been done vs what was said would be done below:



No mention of drilling since this came out



But i bet the next presentation will have this same overused slide:


Disappointed would be the understatement of the century - time for a board change before we all lose thre last of our $$$

Cant wait for the next lies - "we envisage this project we havent drilled contains x oz, now the mill is viable, money please"...