yes, even though it's cheap, they probably have no money to...

yes, even though it's cheap, they probably have no money to drill. it's concerning they havent raised cash yet. if cash wasn't an issue and they could drill, they would have announced to the market the Dec cash balance and said they are continuing the drill program. what are they even doing? they aren't drilling and they haven't put out there year en financials yet. are they adhering to continuous disclosure requirements? massive capital raise coming and everyone knows it- so no buyers. hopefully for you guys, there's no debt to pay off . might be worth calling ASIC or the ASX to find out if they are meeting the continuous disclosure laws