Ann: Amended Release - Alpaca Hill Drilling Progress Update, page-41

The brutal fact is the company had to -should have switched from Frewena - put that project on hold immediately -conserved capital and for a fraction of the cost of the drill program at Frewena focused on Jean Elsen and Collia for lithium and moved to fast track the heritage agreement for Bramall Hills.
I have no issues with Frewena -I bought stock initially on its potential but to gamble on a wildcat hole and put the company's future at stake because of a certain individual's fixation-who only holds a few shares in the company is reckless.
The market doesn't want copper -and maybe even not lithium right now -but if it kicks as it surely will then the company's share price will at least have stabilised and /or increased and when it's been recapitalised then by all means put Frewena back on the table.

I repeat -to gamble everything on a single wildcat hole is reckless. Failure can only result in one outcome -massive dilution of existing shareholders equity in the company.