yes, this one is a regular @ AAR... we run on petrol fumes.... never seen a few 100K sitting idle in the coffers for the management to go out on jamborees ... every $ gets collected for a purpose and gets spent on drilling and not for the lifestyle sustenance of the board...
I am sure there must br another round of investors already tapped for a future raise of 300-400K for the next quarter imo...
but yes, we may need to go for a bigger one this time as I think we have a few exciting projects on hand and better to do a 10% dilution and get $2m or so and go full hog on the projects... let's see what kind of a raise we see next...
happy to see the response "we got moneybags with the purse strings loosened up whenever we want to take a dip"...
Ann: Response to ASX Appendix 5B Query, page-3
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