Ann: Half Yearly Report and Accounts, page-2

Of the $2.75m spent, only 22% went to exploration activities, with the rest on admin, employee salaries and share based incentive benefits. Over a time the share price has more than halved. The resource has promise and this makes up less than 0.4% of my holdings, so not to fussed, but going to need some more progress and more money spent on actually progressing the asset for me to put more in.