There is $1M capital expenditure on other fixed assets.Nothing...

There is $1M capital expenditure on other fixed assets.

Nothing to say what this is for. Possibly the cost of upgrading the crusher, but could be environment bonds for Delta

Expected admin costs of $450K from estimated costs of $5.65M seems inline with most small mining companies. I did post previously that quarterly would show if the directors had earnt their wages, and I think we got that answered. Now they have the challenge of keeping us informed and earning their wages next quarter.

However Q1 admin costs were $290K and Q2 were $722K. Maybe they paid consultants a lot to help them sortout the mine in Q2 and they are still there. Certainly the Q1 figure is closer to what I expected having regard to how short A1 is of positive cashflow.

Dont know what they have to pay the telephonist to politely answer shareholder queries... If they let us know what was happening, I am sure it would make her job less stressful