Now we know.
Reading the quarterlies for the last year shows exploration expenditure of $642,000. EM was executed in one quarter and the rest of the year was planning, reviews and a heritage survey.
Administration was $593,000 to oversee this minor work..
Seems to be a cash cow for the board, no work, and foreign board members don't attend meetings in Perth.
No wonder juniors have such a bad name.
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