re: Ann: Second Quarter Activity and Cashflow... Founf Frugs post on SC.
Cash flow looks like it will become a problem.
Will all be gone at this rate by years end and thats not accounting for the capex call from Quasar.
Why the $3m charge for development? Development of what?
Maldon Gold? The Quasar call is for the current quarter and that's only for $1m.
Why the production charge of $768k? Production of what?
Exploration charge of $878k I can live with.
What's with the admin charges of $600k? Office refurbishments?
The aggregate payment of $257K?
These clowns are now investment bankers.
re: Ann: Second Quarter Activity and Cashflow... Founf Frugs...
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