Ann: Rights Issue to Fund Accelerated Development of Ungani, page-61

Thisisit I was a shareholder then and I am a shareholder now.
On the way to where we are now I have traded in and out and finished up paying for my parcel less than 19 cents on average.
I am pretty happy with what is going on.
I consider Buru a speculative share, an explorer, small producer and as such calculate that in.
As an alternative I have an option to put my money in the bank.
When a company starts drilling we never know if it is going to be successful, however before they spud they select their target carefully.
One could call it an educated guess, let's face it, they are drilling a hole 3000 m deep
If an investor can't handle the speculative side of investing in exploration, than that person should not invest in an exploration company.
As I mentioned before, Woodside considers a success rate during exploration drilling of 1 success and 4 dusters pretty good.