Good old fireside chat, page-10436

As we have had no announcements from ASN since 14/12/18 and this quarter SHOULD be the busiest to date. I thought I would make some uneducated guesses.

4th quarter exploration&evalution ...est $755,000 actual $351,000
development......est$200,000 actual $41,000
So in my opinion development (pp) is lagging

1st quarter ex&ev….est $740,000
dev......est$250,000

If the pp is drawn to scale on the map then the dimensions are 21m*54m(thanks RJ).
If we have 250k to spend on the pp then I would think that could be the cost of the shed.I'm no expert here but 1100 sq mt floor at roughly $100 per sq mt including footings =$110,ooo for the slab alone.

Then who pays for what goes inside it?

Lilac.....possibly part
Investment funds?
Zhongfan...Ann 27/12/17 ...a mou was signed to fund development work.

Also why has management been quiet since 14/12/18? I would have thought surely the finances for the pp would finalised by now.

As for the re-entries if the shutdown wasn't the problem,then maybe rigs aren't available. At least the earthworks could be completed.

All the above are just my guesses and are probably wrong.