Ann: Quarterly Cashflow Report , page-2

This company infuriates me...how it can possibly justify such high administration expenses is beyond a joke.

What is an administration expense? Is it the cost of someone sitting in the office answering phones, responding to emails, preparing offtake agreeements (!!). Cost of office space, phone lines, photocopy machine and paper!?!?


And estimated spending for the next quarter - the same amount on exploration as on admin.

this is not an administration comoany, it is an expolorer...get people out of the friggin office - they are doing nothing there!! Exsploration is where the future of this company sits, successful exploration....NOT, successful administration.