Wow I think I have heard it all now! Because we are in drilling phase we are higher risk?! Haha what are you smoking?! Any dusters or poor results are very much priced in right now. Looking at our market cap compared to regional lower cap peers, we are way undervalued and the market is currently pricing this drilling program as finding nothing Imo. You have to compare to our peers who have actually proven mineralisation exists and proven resources or made a substantial discovery. You will then see the upside ahead and the market cap will change many multiples of what it is if the drilling is successful. There is very little downside from a perspective of not finding anything this drilling program. We just move back to a 2.5-3c stock which is what we were pre capital raise and drilling program. Then the cycle just continues, we drill out other targets, the funded geophysics surveys on our new west Arunta tenure will be finished and we then have more options. We will just have to undertake another $2M raise to continue drilling new targets. Rince and repeat like all explorers. However I am very optimistic we will hit something this program and be able to raise at much higher share prices.
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