You might find this hard to believe that all companies with projects going from exploration to production need to raise funding, It's because it's so hard and time consuming that once it occurs then price re-rates can begin.
It's better to have a producing mine with less ownership than a patch of ground that generates nothing.
A potential gold producer with a market cap under $50m and you're crying because they have to raise funding to start producing cash?
Ann: West Wits Investor Presentation, page-75
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