And then read the following parts which I picked out from this...

And then read the following parts which I picked out from this quarterly report.

""Total copper concentrate produced for the quarter was 8,703 dmt at a final copper grade of 24.35%; containing 2,119t of Cu metal.
• Copper production at the processing plant was impacted by reduced plant throughput caused by wet and high clay content of the gravity ore processed during the quarter; and constraints at the mill crusher due to unexpected down time.
• Gross revenue less treatment and refinement charges from copper and gold credits sales during the quarter was $18.22m from 8,878 dmt of copper concentrate consisting of 2,197t Cu metal.


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""##Finance

• The Company secured a short-term loan of HKD22.1m (approx. $AUD3.77 million) from a Company Director at Nil% interest rate to be repaid when the Company secures additional funds.

The Company’s shares remain suspended from trading pending finalisation of the Company’s Financial Statements for the half and full year ended 31 December 2017 and 30 June 2018 respectively.

1.9 Net cash from / (used in) operating activities (5,037,000)

4.6 Cash and cash equivalents at end of period 143,000


9. Estimated cash outflows for next quarter (in thousands)

9.1 Exploration and evaluation-

9.3 Production 7,698
9.4 Staff costs 1,688
9.5 Administration and corporate costs 613
9.6 Other (provide details if material) 2,853
9.7 Total estimated cash outflows 12,851

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Now, how can they manage to survive with only $143k dollars left in the kitty as at the end of the period.??.??

And they have also made another loss of $5,037,000 dollars for the period...........................ON TOP OF THE PREVIOUS ONES OF COURSE.

But never you mind, perhaps there will be another Director willing to lend them some more money..........AT INTERESTS FREE................................ None coming from our Chairman that I can see though.

And they have also budgeted to have a spend on $12,581,000 dollars for the next quarter.

Interesting to note as well that, while the staff costs will only amount to $1.688.000, the Admin and Corporate costs will be nothing less than $613,000. No doubts that they must be of the opinion that they are very important to collect that money, or so they think anyway.