Of all places they had to conduct mining exploration for Tin - it had to be Uganda. A place were there has been political unrest and civil war. Granted the cash burn is circa $250K (given its going to be a 1 year prospecting review) - there needs to be something better in the pipeline closer to home with zero political consequences.
This is not a smart move...but lets leave it to Management team to come up with a profitable agenda.
The best bet is to focus entirely on current projects and deliver the financing.
KAS Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held