MEU 0.00% 4.2¢ marmota limited

Always good to seem Meu maintain a lean ship. If we comparing...

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    Always good to seem Meu maintain a lean ship. If we comparing Meu expenses to gold explorer in the same region similar sized tenements the difference is stark.

    Barton has done more work in the last 6 month but Meu has organised/executed the project X, the drill for metallurgy and started the uranium review

    Meu : Admin and staff expenses 6 months - $230,909
    https://hotcopper.com.au/data/attachments/6018/6018569-aefa932946129bad73501cdd21280f1a.jpg


    Barton gold : Admin and staff expenses 6 months - $1,686,000
    https://hotcopper.com.au/data/attachments/6018/6018609-a5632331f3fe122b340c4f53ecae79d7.jpg


    Barton's expenses are the norm for Asx explorers which is over 7X what meu spent over the same period.

    In a high cost of capital environment this is great to see. One of the few explores Asx company's that seem to care about keeping no exploration expenses down.
 
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