Sasha
I agree with the 7m
what about the 2.2m in creditors, that makes 4.8m net, before any expenditure post 3o June.
So on your numbers if 2m has been spent net cash is now about 3.6m
Yes Manbarrum may be done, and yes the balance of the spp may be done, but both are not done.
My real issue is that I think the use of cash, as opposed to net cash is very misleading, given that creditors are being built up.
I actually know one or two of the creditors, and they are far from happy.
as shareholders we need to be aware of the real position.
UM
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