If you refer to the quarterly the Company spent $5.6M on exploration and evaluation for the March Qtr with a year to date figure of $17.9M. Once admin is included $1.8M for the March Quarter you can see that 12-15 months is a reasonable estimate based on the current cash position.
Exploration and Evaluation is the critical part of what the company does to prepare assets for sale.
Ann: Completion of Sale of Leichhardt Project , page-6
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Mkt cap ! $12.73M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 147270 | 0.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.1¢ | 232323112 | 35 |
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