And they still have their 2.5% interest in the oil producing JV with the Chinese that should still be worth $5 to $7.5mil.
As far as the admin costs are concerned,you have to deduct the rent recd to get a true figure as they have the head lease on a building in Perth(total rent paid incl in admin costs)and they sub-lease half the space to Entek.
Ann: LIO Financial Results , page-4
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