Any cash will wipe out existing liabilities - nothing will be...

Any cash will wipe out existing liabilities - nothing will be left for exploration, drilling or actual mining "stuff"....
Directors fees are important costs too, so must pay those. Let's see, how many are actually on the payroll?
Mr Justin Doutch, Managing Director
Mr Kent Hunt - non executive director
Mr Lu Ning Yi - non executive director
Mr Jeffery Nurse - CFA and Company secretary
Mr James Passaris - Consultant costing $200k + pa. that's a bit if drilling!!!

Consultant????....a consultant, from a males perspective, is someone that know 43 different ways to have sex, but doesn't know any women!!!!

Would love to know what value each employee is providing and at what cost.

Shareholders should be ropable at the contemptuous lack of effort to maximise the best return for shareholder investment. What a joke!