Would like to compare current quarter 2016 to the same time last year.
Of note-
reduction in admin cash burn by $41k to $146k- which is very modest
They have great drilling grants
"The EDI is intended to encourage shareholder investment in exploration companies undertaking greenfields mineral exploration in Australia by allowing junior exploration companies to distribute a portion of their tax losses to shareholders as tax credits."
"[MGV] is pleased to advise that it has been successful in securing a Western Australian Government Exploration Incentive Scheme (EIS) grant to cofund drilling of new copper-gold and zinc-lead-silver Volcanic Massive Sulphide (VMS) targets at the Cue Project in the Murchison region of Western Australia."
