$3.3M cash currently in the bank.
$8.5M cash just raised.
$1.5M cash potentially to come from SPP.
$13.3M cash total.
Looks like the trolls were right; it's lights out, and they can't raise cash. hahaha
BC8 putting in another $1M.
Looks like they've also decided to keep Illaara and progress its gold too (already has a high-grade resource of 14,900 ounces @ 6.8g/t Au) (processing plants galore surround Illaara/within 60km's).
"This is a strong environment for gold and we intend to find as much gold as we can in the shortest possible time. Finding more gold, faster"
Looks like it's Black 2.0 (or is it 1.2?) (same go hard strategy, plus same Chairman, backers, etc) - and both going super hard with the gold!!
From DRE:
From BC8:
Enjoy it negatrons; enjoy all the cash, all the upcoming drilling, additional ounces, gold production and profits, new discoveries, and the resulting SP rises, while you cry "lights out" and "share on issue" and "consolidation" on here! kiss kiss
Cheers,
GB.
DRE Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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