When they drilled 22BEDH011 they did the usual trick of showing some flecks of gold in the cores and said they can't wait for the results from the lab and raised on that. ASIC actually pulled them up on the images being misleading and they had to take some down but somehow they still got the raise done.
They did the same at Horn Island years ago, showed flecks of gold in photos and raised on that alone before any results were published. Someone here said the photos of the cores from Horn and from Boda looked very similarbut i haven't checked myself......
Ann: CAPITAL RAISING INITIATIVES TO RAISE $2.993 MILLION, page-59
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