So they have 100 on site doing various things, spent $20m last quarter but only expect to spend $4m this quarter. Of course their expected spend is always out by a large margin, so I for one would not be surprised if they were running on fumes (short term borrowings from usual sources) by now.
Personally I think they would have received a lot more money by cleaning up the large NCu nuggets, cutting them so they could stand by themselves with a flat bottom, and auctioned them of to copper companies around the world for sculpture pieces in the main foyers of these companies. They are actually a site to behold.
Did anyone else notice no half yearly report? Wouldn't that be compulsory before a prospectus? How long do they have before that has to be in? I see that the last couple of years it has been in by about the middle of March, so they still have a couple of weeks to go there.
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