ASN 4.41% 6.5¢ anson resources limited

Ann: Quarterly Cashflow Report, page-2

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  1. 6,476 Posts.
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    Wow. We have 4 million in the bank and expecting to spend 1.2 this quarter with around 3/4 of that on exploration and development.

    Spend last quarter was 1.17m compared to the forecast spend of 2.5m so they spent 1.3m less than expected obviously because we didn’t drill lca1 to focus on what actually needs to be done to obtain a jorc and the focus on process

    To me the spend this quarter suggests potentially one re entry and ongoing testing and jorc work

    Been run like a very tight ship
    Last edited by rjohnson1234: 29/10/18
 
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