PRH 0.00% 0.5¢ phillips river mining limited

...and I'm sure we face a capital raising this quarter.Seems to...

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    ...and I'm sure we face a capital raising this quarter.
    Seems to be a lot of money being spent with little to show for it on the ground.
    The projection for administration costs for the December quarter was $1.266 million....and $337,000 for exploration/evaluation. The actual administration costs for the Sept quarter were $697,000. That makes nearly $2 million in admin costs for 6 months. A lot for a company not doing much on the ground. We might survive this quarter, but they'll definitely hit us in the next.
    It'll be interesting to see what the actual admin costs were.

    GZ
 
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