quarterly cash flow report now available.nc, page-2

According to their cashflow report URA have spent nothing on developement and nothing on production. No surprises there as they have nothing to develope or produce.

However they have spent 33 times more money on Administration then they have on exploration!

I fail to see why spending money administering all the projects they don't have, has a higher priority then spending money to go out and find some actual projects to administer.

And seeing as they have this huge administration infrastucture - which they are spending 33 times more money on than exploration - why they still can't reply to my emails!