Summary of money and shares
Money in hand as at 30/6 = $3.179m.
Add to that the value of 166,006 SFR shares which as of today @ $7.38 = $1.225m.
Exploration and evaluation
Actual spend = $286k.
Budgeted spend = $640k.
Staff costs
Actual = $123k
Budgeted = $136k
Administration and Corporate
Actual = $210k
Budgeted = $140k
SM's comments/questions
What legal fees were paid for the directorship hoo-ha? Part of the $210k?
Exploration was subdued for the June quarter, to more than double this quarter $$$-wise.
Why has SFR's SP taken a real bath over the past few trading days?
Ann: Quarterly Cashflow Report, page-2
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