Ann: Proposed Sale of Western Tanami Project, page-3

Page 15 of the recent annual 2017:

Care and maintenance costs (incl depreciation and amortisation)   ($3.356m)

Exploration and evaluation expenses   ($1,036m)


That adds up to $4.3m total losses for 2017 were $4.699m...

If they're not exploring there goes exploration and evaluation and care and maintenance should also be substantially gone...

Smart move it would seem - I also see they have $4.5m in cash and equivalents so another $4m would give them around $8m...

https://hotcopper.com.au/threads/ann-annual-financial-statements.3691170/#.WdLXxWhL-70