@Haydos123. Happy to be corrected, but I thought it was clear that a significantly large percentage of KRM costs are being expensed via the BHP programme. Costs (including 100% of the related corporate admin costs) are covered under the program.
Look at the net cash YOY position.
Net cash drain appears to only be $175k net YoY. However I am not an accounting expert and I am not the best at reading a balance sheet so as I said, happy to be proven wrong. But please use holistic facts, not just cherry-pick line items from the financials.
This page (page 21 from the financials published last month) is my fair reference:
Now, if we are spending $4m a year, because we can, because it is all covered, then fine. But if the sponsorship stops and we are still spending $4m a year, then sure, let's question it.....!
Anyway, this is all healthy discussion and I guess we'll be getting a quarterly financial report by month end so we can assess accordingly......
Have a good weekend all.
(20min delay)