Nice...the company spent about half as much on exploration & evaluation (presumably its "core business" at this stage) as it did on "administrative expenses". What on earth are these guys incurring as administrative costs....must have been one hell of a Xmas party! I assume there will be another cr to fund some of the next Board outings/dinners? Seriously chaps, put the brakes on your admin expenses until such time as you are actually going to get some stuff out of the ground (and sell it).
Ann: Quarterly Activities and Cashflow Report, page-2
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