Ann: Placement to raise $2 million to advance NSW projects, page-6

Quirkus - this was from the annual report;

"The decrease in cash for the year was $1,098,286 and cash in the bank at the end of the year was
$4,130,753." That would give us 4 years of cash if we continued to do the exact same thing, if we allow for the income to be generated from the Edna Beryl tribute agreement and we have been repeatedly told the 100k ounces at Chariot is close to being mined under another tribute agreement the question really becomes why didn't we simply fast track the exploration in NSW with our own cash and then raise some capital if needed once we have a more established ore body? Why issue another 20m shares at 9c with options for another 10m at 13.5c in 2020 (which hopefully is a massive discount) for cash that will be all gone inside 6 months?