why hasnt drilling started yet, page-207

Aggie62

I think the drilling campaign will be in action If and when the money from the finance deal is in the bank.

Last financial year kaboko had operational financial loss of $3.9M that is what the company actually spent all year.

Nothing out of the ordinary here, for an active explorer in an overseas territory.

The rest of the $7.2M number we see in the annual report is nothing but accounting items related to the the write off the uranium project.

Drilling cost money as the above explains.


Cheers!