Notwithstanding that some of the exploration costs would have been for tenement maintenance, the figures you have identified are extroadinary, especially as they were to no avail.
The "burn rate" is excessive and the damage done imo can only be repaired by a fresh Board with the expertise to take the company forward rather than the staus quo.
We need the introduction of new projects into the company in a hurry so the sooner the shareholders can vote on the issue at hand the better.
Board Requisitioned, page-8
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