could have been a lot better balance sheet. 4 million won't last long with multiple targets to drill. I suppose management needs to know what they have in this early stage. However burning money on multiple fronts will induce dilution and cash raises .
This could fall into hole very quickly. Management need to pull themselves out of the mud and the prospects better deliver.
A bunch of disgruntled shareholders and a trading/investor house that will sell into any good news will not be a good mix for some time. Especially if results are mediocre.
