What admin expenses? These aren't salaries as I believe these are covered in other areas of the balance sheet. So what does a two bit mining company with no sales spend £150k a month on? That's a fortune. Where is the money going? How come every £ raised has gone out again via admin expenses?
Colombia in my view is an obfuscation. Reread the Edison note: production at Colombia has collapsed. For real research go look at the correlation between funds in through dilutionary placings and funds out via "administrative expenses"
Who are NMCL? Can anyone find an address for them? A director's name or email? Perhaps a press release they have ever issued themselves? Are they IPCM reincarnated?
very close to 150 MA and this should go up fast when sp is above 0.3p
nav 0.6p, fill your boots, this should rise to at least 1p next month when horse hill is sold and dyor
the direstors must confident they bought between £5k to £30k of shares back in may
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