LML lincoln minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

  1. 346 Posts.
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    $381k spent on staff and administration expenses and other matters for this quarter alone?!!!
    Plus paying out $203K for “fees, salaries and superannuation”. How the hell is that not on top of staff and administration expenses? As I see it salaries ARE staff and administration expenses. Unless the $381k means paying for their lifestyle expenses?

    I want to know the breakdown as $584k is a lot of staff and admin expenses for one quarter!
    Looks like this is just another lifestyle company in the likes of CLZ.
 
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