TEG 4.76% 2.0¢ triangle energy (global) limited

Section 9.4 & 9.5 page 16, page-6

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    It's a fair question which I guess you need to ask the company. You can email them and ask them how many staff they have for a start and for a brief explanation as to why the quarterly figure of $766K for admin and corp costs seems high to you. I have never run an oil company with fingers in a few pies so I can't comment. All I can say is that later on in the 5B Schedule at point 9 they estimate for next quarter. They keep the staff costs identical ($345K) so I would assume they are not anticipating decreasing their current staff. This amount would include I assume super contributions for staff and other benefits and expenditure on staff such as for transportation, accommodation, tools and clothing etc as required. The admin costs have decreased to $407K so that is good. Please let us all know if you do.
 
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