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As we have had no announcements from ASN since 14/12/18 and this...

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    lightbulb Created with Sketch. 71
    As we have had no announcements from ASN since 14/12/18 and this quarter SHOULD be the busiest to date. I thought I would make some uneducated guesses.

    4th quarter exploration&evalution ...est $755,000 actual $351,000
    development......est$200,000 actual $41,000
    So in my opinion development (pp) is lagging

    1st quarter ex&ev….est $740,000
    dev......est$250,000

    If the pp is drawn to scale on the map then the dimensions are 21m*54m(thanks RJ).
    If we have 250k to spend on the pp then I would think that could be the cost of the shed.I'm no expert here but 1100 sq mt floor at roughly $100 per sq mt including footings =$110,ooo for the slab alone.

    Then who pays for what goes inside it?

    Lilac.....possibly part
    Investment funds?
    Zhongfan...Ann 27/12/17 ...a mou was signed to fund development work.

    Also why has management been quiet since 14/12/18? I would have thought surely the finances for the pp would finalised by now.

    As for the re-entries if the shutdown wasn't the problem,then maybe rigs aren't available. At least the earthworks could be completed.

    All the above are just my guesses and are probably wrong.
 
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