NTL 5.26% 2.0¢ new talisman gold mines limited

Ann: Quarterly Cashflow Report, page-2

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  1. 311 Posts.
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    Looks like our administrative costs is going up next quarter by about 40% from 87k to 127k, I wonder what happened to the cutting of corporate overheads by 20%. Director fees about 110k this quarter too. Staff fees will go down about 30% however. Hmm... I recall @robbo24 said he asked the question and he knew exactly what was going to happen here, maybe he can clarify for us as it seems to be a net increase with regards to corporate overheads and director fees. Although that being said, the benefit of the doubt is that there are still 2 quarters that are not forecasted left to go and they could reduce expenses from here.
    Last edited by Spoilt: 31/07/19
 
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