Hi All, I started watching this stock a couple of weeks ago when...

Hi All, I started watching this stock a couple of weeks ago when I saw the bloodshed. I have been quiet but reading all the posts. I did a bit of research on the company directors and the project etc.

The project is excellent
I checked the $1.1 Million in other expenses by checking the quarterly reports (June 30 is good as it summaries the financial year). in 2015 As far as I can see they are just the normal items, mainly admin at 641K capital raising costs low at 75K, repayment of debt 210K) etc.
In 2016 the admin was a bit high at $895K so I looked at the annual report, look like they repaid a con note 500K ex that, the admin is actually lower

Nothing odd going on that I can see but I am not an accountant DYOR.

I looks like they have had access problems at the project for the latest announcement but they are in there now.

I think the selling is overdone so I have put my money where my mouth is and bought a few. I can't afford a 110 million shares though so someone else is buying up big.

DYOR. C1