wynne copper project fizzler, page-6

below is how admin and exploration expense has been over the last 12mths. recently they have noted either $250k or $300k as future qtr upcoming admin but they spend $200-250k. it's not the cheapest admin around [<$100k] but it's not excessive [$400k+] versus peers

I think it's very hard for ERL at the moment, never had a full bank account for much of the last 12mth, piece-meal drilling at Yuinmery with success but nothing big enough to excite, super early stage for plan B projects, and major shareholder [Westoria] who appears to be smothering the stock with selling every time a little market interest develops

but soon enough Westoria will be done selling, a new cap raise will have filled the bank account, Penny's Find money will come thru, Point Kidman will get underway, and maybe we get lucky with a new target at Yuinmery