Ann: Adidi-Kanga Gold Project Acquisition and Update, page-175

"Huge exploration targets are great but the money it would cost to do all this drilling is just going to result in (even more) dilution on top of dilution. Its just not feasible for them to try to progress AK and do a heap of drilling without the SOI getting even more out of hand."

Who says they're going to just drill all of the other targets using funding from cap raise after cap raise?
Wouldn't the prudent thing be to finalise the DFS by Q4 2019, progress to project finance to build the mine for A-K and start producing and use the surplus revenue (in excess of the loan repayments) from A-K gold production to drill the other targets so that the resource can be expanded and extend the mine life, using the same processing plant, albeit with likely upgrades to increase throughput.

Just saying, your theory of massive dilution to fund drilling of the other exploration targets is only one option of how to progress them and it's not even the second best option!