re: Ann: QUARTER: BRL: Quarterly Activities R... $6.422 Mil spent on administration in the quarter whilst knowing they only had $10.7 mil in the bank and after Hamish had killed the stock in the market with his announcement.....preserve value in the Buller Project for whom.
Understand maybe a few redundancy payouts but $6.422 Mil when you know you are behind the eight ball and have known since prices of coking coal starting dropping in January.
Agree Denial....adverse weather and what happens when they get into Winter.
Best thing that I do like most is they are now actively working with the Dept of Conservation to secure the Authority to enter and operate based on a "revised operating plan".
What happened to all the cash spent on approvals to now get to the point where they are now going back to the drawing board to ask for a special pass to pitch a tent on escarpment.
This is a joke and the greens could not have asked for more.
Well done Hamish why don't you pay yourself a bonus for all the hard work but thats right you cannot as you spent all the money but on what!
