GBP certainly is a dog, and not sure what planet the directors are on spending $900k a 1/4. It really is taking the mickie. Be interesting to see what they spend this 1/4 after a program to reduce corporate costs....which made no difference last 1/4.
But having said that it must be one of the cheapest stocks on the ASX if you can get set. Capped at approx $10m (at 5c) with $17m in the bank.