Cash 52,000
Outgoing: 304,000 (staff 77,000 + admin & corp 230,000 + evaluation 18,000 + development 0)
Credit standby 750,000
Basically company is relying on the credit standby which is arranged by Director from director's another business. looks like their budget allocation is heavily focused on staff & admin.
Hopefully after they receive 750,000 they spend money on JV contribution or at least some value adding activity (not admin and corp)
All in my opiniom and DYOR.
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