the quarterly might not be as great as expected, a few red flags have risen. if June was such a great month in gold production, has july, august and September been as good, I would say no. no word about there production from management and that combined with the CR would indicate to me, there has been a significant drop of the past 3 months. initially the production was meant to pay for all this current drilling. also other red flags included 470k being overdue and to be taken from current CR, the directors being owed 500k, creditors owed around one million, and payroll still owed one million. also in the annual report there is talk of a consolidation/spit to be discussed in the next AGM imo dyor.
Ann: Edie Cr Gold Intercepts in JORC Resource Drilling Program-NIU.AX, page-281
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