Sh!t for sales but everyone gets paidAs at December 31, 2021, the Company recorded a total cash and savings balance of $2,640 compared to $15,089 as at the year ended December 31, 2020. The decrease is primarily related to the outflow from operating and investing activities and lower production for the year ended December of 2021.
For the year ended December 31, 2021, corporate administration costs were $9,149 compared to $9,167 for the same period in 2020.
Does "outflow" = blowing thru money? ~ $13,000,000
Job well done for a mining company....BONUS FOR ALL, doing Mongolian Way
Remember when Ph 1 mining was going to pay for Ph 2?
Who would ever believe anything Pinochicco says again?
Chronic over promise and under deliver and unless a large shareholder here.....never find out what's going wrong until after SP has tanked.
Material Facts like crusher undersized.....after mngmnt declared Commercial Production...all equipment running to rated capacity...no need to release that info to ALL shareholders. Doing Mongolian Way
Small wonder SP is well under IPO price....who can trust this gang?
JMHO