re: Ann: Drilling Programme for Tennant Creek...
Well Bitzer,
I'll have you know that because the company has not stated this info, I take what you say as "hearsay". Your emails/estimations/calculations have no bearing to me. They are your word, which does not qualify as fact and/or accurate for me.
In two weeks, we will see the quarterly report and make assumptions of costs for rigs/management and subtract from balance.
Your suspicions that the Co will raise further funds to allow ongoing drilling are just that. Let's get back to facts. Fact is they need to drill to reserve status and somehow fund the extraction within the timeline given.
In a sentence, EXM need to show how the are going to financially get the gold out of the ground that will suit LT holders.
That timeline, along with milestones achieved, will bring confidence back in to EXM. That is basic common sense. And LT has to do it before EOY or they/we lose out on EXMOs.
All my opinion of course.
DSE Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
