They burned through double the amount of cash in directors salaries/office etc than they did in exploration.hahaha that's gold.
They need to change their business model from oil exploration off some ridiculous coast and invest some of that cash into a proper business, unless they are just wanting a ride for those big salaries for the next few years.
Over $600k in admin cost for a quarter.......
Ann: Quarterly Cashflow Report, page-2
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