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  1. 11,485 Posts.
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    lockitt

    they seem very careful with spend in OZ

    Note that last quarter Exploration/evaluation spend is around equal the expected refund from S32

    the true reason they had to raise cash is timing difference between spend and receiving refund, they were running on empty tank with re fill risking stoppage on the way

    I do not go deeper to it but this was a deficiency of the long negotiated contract by Justin who is now gone

    While voting I counted all my shares in this venture, crossed 100m now and I sleep easy so do not worry and do not make your life miserable for yourself

    This is on the way to recovery
 
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