Plus $400k for both Kev and Con on their expired but monthly...

Plus $400k for both Kev and Con on their expired but monthly renewable contracts, but note also that the only remaining Non Executive Director picks up $70k in fees. What other junior grass roots explorer pays such over the market remuneration?

Also note KJR's remuneration is stated to be $443k but related party transactions with KJR and associates is $610K.

Also a typo in the auditors 3 page essay indicates that the interest rate on one of the 5 outstanding and overdue loans, the one for $2.499 m, has an interest rate of $27.5%. I hope that the $ sign was not "cap locks on " with his computer because if so that would mean that $ should read 4 and the interest rate is 427.5%. Maybe the auditor should issue a clarification?

Based on the current overdue and outstanding loans of $7.5m (and ignoring the $4m of trade and other payables) based on the average interest rate of 35% for all borrowings last year, this means that the company is clocking up interest at a rate of around $50k per week.

As noted by others, the word "conditional" gets a real work out on descriptions of the project funding.

A complete disgrace.