The main thing I like about these guys is their ability to conserve cash and protect holders from equity raisings. There hasn't been a raising in the last two years from what I can tell. That's what happens when the directors own 41% of the stock.
They only burned A$838K in the quarter despite completing the resource re-estimation. They have reiterated they have cash for the completion of the scoping study and beginning of the PFS, although I'd expect a capital raising once the scoping study is complete.
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