On the surface it's easy to assume that but what this ignores is that staff is approx. $500k per quarter and that the last 2 quarters had unusually high admin costs due to well known company activity so if you go back another quarter it drops below $250k for admin/corp.
What we do know is that the company has a good idea what it's costs will be and they've given a guidance of staff costs - $292,606 9.5 and admin $434,854. A mere $750k for this quarter.
On the surface it's easy to assume that but what this ignores is...
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