With money on hand, sale of Novo shares and capraising it is more like 40 mil Lenigass blew through.
All on a fully permitted plant with a cost of around 7 million to do the refurb.
No trial/bulk samples from Purdys 20,000 tonne permit because Lenigass signed the control of work over to Hennigh. Before he stuck him for the 4million shares.
Not to forget we have to be thankful for the Lenigass spend on the holes to nowhere and the 50/50 cost of Hennigh disastrous sampling exploits and the involvment of SGS.
So where the hell is all the money gone ......good question ...........
With money on hand, sale of Novo shares and capraising it is...
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