For me it is, check out slide 6. Total admin/overhead spend of $5.6m for 6 months (inc Mozambique). That’s $11m a year. Sorry but some producing companies don’t carry that sort of overhead and BAT is supposedly in cash preservation mode.
On the bright side they have finally refreshed their corporate presentation.
Ann: Battery Minerals Diggers & Dealers Presentation August 2018, page-4
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