are we aware the Dec13 quarterly report showed nil activity but $3.5m in expenditure?
the Mar14 quarterly report will probably be the same
its seems like they kept the admin, exploration & feasibility staff on the payroll but did not do any work
the quarterly states:
No fieldwork was undertaken during the quarter. As announced in the previous quarterly report, the capturing of borehole data from the recently acquired historic database continues. This data is being interpreted along with additional historic seismic data to guide future exploration programmes for the Hangingwall Seam Sylvinite. No work on the preparation for the Bankable Feasibility Study was undertaken during the quarter.
K2P Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held
