There we have it, an after hours slip under the radar type...

There we have it, an after hours slip under the radar type quarterly..

Notice the spend on staff, admin and corporate costs, $960,000 for the quarter, not far off what ENR spend for the entire year!!

This is just an over bloated waste of shareholder funds.
ENR have spent a total of $9.5M on staff, admin, ppe, corporate and exploration while SGQ spent $8.6M on the same group of activities..

However ENR spent $8.5M on ppe and exploration, while SGQ managed to spend just $4.4M on the same..

Not much bang for buck here, and with the excessively high staff, admin and corporate costs here, only just over 2 quarters of cash left if they spend nothing on exploration and evaluation...