There is no question of this being a good investment and no question the permit is out of the MD's hands and contrôlled by WA Government. The issue is his comments setting expectations to the market. You would be naive to think the permit is not holding back the current share price as it plays a big role in financing the drilling program over the next 12 months and as stated by the md meaning the bank balance will be greater then our current position.
Pilgangoora, page-54
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