re: dangerousfool 4WD, Computers, Tools are all considered to be Fixed Assets. In fact anything that has value at the end of the accounting year is considred a Fixed Asset.
They spent $18,000 on Fixed Assets in the last 3 months. (no problem with that)
Purchase of 4WD's, Computers and Tools do not appear as Administration costs.
Administration costs include
Wages
Directors fees
Plane fares
Hotel Bills
Lunches
Thats $31,000 per week on non fixed assets that is not related to exploration.
Compare any other Uranium Junior and Marathons expenses. WHY? Where is your money going?
Hard questions need to be asked.
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