AssetsAustralia 2,010,556 West Africa 7,689,542 Total Assets...

Assets

Australia 2,010,556 West Africa 7,689,542 Total Assets 9,700,098

Liabilities

Australia 139,204 West Africa 225,966 Total Liabilities 365,170

6. Expenditure commitments

The Group is committed to minimum statutory exploration work requirements on its exploration tenements in order to retain the rights of tenure. These obligations can be reduced by selective relinquishment of exploration tenure or application for expenditure exemptions. Due to the nature of the Group’s operations in exploring and evaluating areas of interest, it is very difficult to forecast the nature and amount of future expenditure.

what puzzled me was the 3 year expiry of Sprott options. for it to take even a year from now to prove up a promise of near term cash flow I'd say it was a hoax job!!! Really a shame that big money gets the cream and mum n dad investors pick up the tab???