impossible to generate cash by paying for exploration so that is not at all unexpected.
Throwing so much cash at loss making operations is worrying. Especially when I am struggling to identify synergies other than labour force (readily available in current NZ West Coast climate) and some political clout???
Yes I think you should feel burned:- Hamish is on $600,000 cash salary + share based payments. That. Is. Ridiculous.
bean counters please explain, page-4
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