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$1.6m in expenses is normal for a small business. Be it a...

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    $1.6m in expenses is normal for a small business. Be it a holdings company, exploration or otherwise.

    I expect that the 600k~ worth of legal fees were one-off costs (from the KBC sale). Extrapolating that, $1m in fixed yearly expenses for a listed company that renumerates 4 people, has an office etc is completely reasonable IMO.
 
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