hi cozjmoz, they are undertaking field trips currently to test the prospectively of their lithium/ree projects. Very little expenditure here aside from paying the geos/staff their usual wages and petrol/airfares in getting out there, then lab fees for test work I assume.
As HR said these guys are masters at running a lean business and it shows as they have only 211m shares on issue in 14 years of being listed. Even if they were doing a 5000m air core drilling campaign they would have more than enough in the kitty til March when they are expecting a cash injection of $4m from bdm.
cheers
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