Also good to see this Company is conservative with their use of cash. Current quarter had only $20,000 in staff costs. You don't see that very often in ASX listed Companies.
Quarterly expenses also offset by proceeds from sale of non core asset (tenement).
Even with all the exploration work completed, Company still has total cash reserves of $2.6 million which should last them quite a while. Good news is that they shouldn't need to be raising capital any time soon.
Conservative use of cash - still have $2.6m in bank
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