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options expiry question, page-37

  1. 3,341 Posts.
    "The mentioned payment to puntland for that quarter is $504,000 AUD, and the garowe airport commitment was $405,000 AUD. But wasn't the pledge for $250,000 USD?"

    Three times Aus$250,000 = Aus$750,000

    You have to take out the Garowe airport commitment DrArthur because that's an entirely separate issue.

    So again, where's the $250,000 monthly EXPLORATION commitment? I would think that their accountants would show it as a separate item, don't you?

    Have an entirely satisfactory day DrArthur.
 
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