question on asset purchases

Does anyone watching this stock have any idea on what the $102M spent on other fixed assets amounts to?

June QTR report - $28.9M spent in June QTR and $102.5M spent throughout the year. This is a whole lot of coin.

Given AXM is valued at $120M at 20 cents in May09, this would mean the asset backing of these assets alone is 17cents - excluding the resource and reserves. Allowing for 12 months depreciation on this might bring it to 14 cents.

But would like to know the nature of these assets. Appreciated in advance.