quarterly, page-9

Neither, thinking aloud and trying to read between the lines. In this quick sand gold sector management got to be seen to be doing effective mining and not keep running down their cash position. I don't want anymore dillutive raising and I credit management for lasting so long without one.

In addition that explains probably why Karl could accumulate so many shares because no one else was. So tell me is that good or bad with his substantial block of shares afterall he was part of the team that spun this company onto the asx.