re: News: Pluton Resources: 1 year of operati...
Buddy,
Any idea what the $12.5m in general and admin costs are?
Occupancy costs and travel costs have individual line items, and these are normally the larger single costs that can get bundled into 'general and admin', so short of 'marketing' which i guess will run to about $3m, im stumped.
Listing costs, secretarial costs, ASIC fees, etc would all come under this line item, but im about $9m short.
I've got a problem with this as its one of the most material numbers on the face of the income statement and there are no notes to provide more info.
this is just one of my issues with the accounts.
i havent been through with a fine tooth combe as yet since im on leave, but these accounts look to be pretty cookie cutter without much info where its needed. Particularly the above and the critical assumptions and estimates in note 1. Basically you have to take 'their' word on the accounts since there is very little information given to be able to do any analysis or calculations of your own.
Thoughts?
PLV Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held
