Ann: Appendix 4C - quarterly , page-8

So, it seems PPY is continuing to incur costs of $32K/quarter for "staff costs" (WTF ?) and $74 K/quarter for "other working capital".
What is this "other working capital" when, by their own report, there is absolutely nothing happening. ??
There is no explanation for this payment. Surely they are not paying MAP very much, as they've done nothing that has been announced, and more likely they've dangled a future earnings carrot in front of MAP .. per the usual PPY tactic.
... probably why the outcomes from the MAP work have been "slower than originally expected " !

While the directors & MD have agreed to forego their director fees, ... that does not mean that Ramy isn't still invoicing the company his 'contractor fees' of $300K/annum (= around $75K/quarter) via his company Talisker.

Is this "other working capital" just another description for payments to Talisker (Ramy's family business) ??.

Explanation please, PPY Board members. ?

It is inconceivable that Ramy isn't still somehow benefiting from PPY, and in turn, funding the loan he has "generously" provided ... which of course will be repaid in full, at the first opportunity.

Just waiting for the trading halt announcement.