Yep, that's the way I read it too. I was casting my mind back to the old Burkina Faso days when we could do nothing much in the July quarter due to the rainy season. Doing nothing for a quarter used to cost around $750,000 for admin and a bit of lab work. That wouldn't leave much change out of a million and now we have two offices.
I'm not complaining. The management is doing everything right so far. I hope the resource proves large enough and rich enough to attract the funds for the next stage.
Ann: Small Shareholding Sale Facility, page-40
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