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clock Created with Sketch. 27/07/18
18:33
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Originally posted by Ashb
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My guess (and I'm no expert on mining, but maybe accounting) is we are being held back by a lack of cash. We really only have 2 quarters of cash in the bank, Vs KRC which has over $7m. So we are probably being held back in part because we don't really have the cash to complete the activities. I would have thought with the recent capital raising, they should have issued shares equivalent to the subscriptions they got - strike while the iron is hot.
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they have no shortage of cash ..as always when they need some its done in house
