weak management, page-4

They are good at issuing million of shares
for projects and now over 1billion RMR for greenfields.

271sqkm in Fraser Range
issue 1210,000,000 rmr for 80%
and then pay $440k for the remaining 20%.

Just for comparison.
ATN announcement today.
290sqkm in similar area.
Issue 5milliom ATN and $20k
Spend $100k on exploration and issue 25million ATN
for 50%
Spend $0.5m on exploration and then pay further
$450k in cash and shares to get to 85%.

Nothing like issueing free shares to be dumped for
whatever they could be sold for.

Over$5m v about $0.6m for greefields close to SIR,
not including exploration.dyor.
Both at .004 atm.
Hold neither.