ADN 0.00% 0.6¢ andromeda metals limited

Appendix 5B, second page.They have spent $136k on plant and...

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  1. 967 Posts.
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    Appendix 5B, second page.
    They have spent $136k on plant and equipment during last quarter vs $1,200k in previous quarter. This is quite a drop.

    Amounts spent on staff costs, administration and exploration are more or less in line with previous quarters.

    Overall expenditure was about $3 million and income from selling tenements and other investments was a bit over $700k.

    The cash position is better than I expected but it still leaves ADN with less than two quarters worth of expenditure in the bank and not much left to sell.
 
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