Ann: Quarterly Activities Report, page-2

So, its OK to spend $1m on the earn-in, but they can't be bothered to outline what those activities/studies or whatever are - to its shareholders in the quarterly (or to the JV partner either apparently based on DAU's quarterly). Given the shortfall placement was 15 June according to the 3B, they have done well to get that million spent.....

Or to explain why stopping sole funding (that wasn't the strategy when they were raising $5m earlier this year). Maybe POG? Maybe the board, including the "independent" director are too busy with ADIG (Australian direct investment group)?. Interesting website and refs to vango

Or to explain what happens next, given cash balance is below next qtrs admin cost, let alone any real work, such as funding more work at their core project, such as their 60% (???) of the quoted $5.5m to get into production.

But entertaining as always