RNI I can't help but make a couple of quick comments in response...

RNI I can't help but make a couple of quick comments in response to your post:

1. "it is an ambiguity caused by the format of the report"
REALLY? So, you are telling me they were/are too lazy to expand their breakdown of expenses like they did/do for 'exchange rate movements' and 'GST' at 1.7 (a) and (b) respectively?

What an absolute joke if you believe that rubbish!


2. Even if you believe Sue's reponse, Administration costs were still circa $900k. It's absolutely ridiculous! Back to square one in the debate!!!!

3. Why the heck is VAT supposedly so much... considering we are barely turning a profit with all our admin, production and exploration exenditure???? Crikey you think we would be due a VAT refund if anything!!!!

Anyway, enough said. You get my point that IMO it's fishy, doesn't make sense.

IMO too many people on here believe what they want to hear because they don't want to believe it.