Ann: Exploration Update and Exciting New Exploration Results, page-22

They have done drills in PNG. Problem is, low grade gold hits, suggested because the material was more nuggety? so a drill doesnt really give you the best idea. Or they just missed the spot. They were doing loooong drills into the mountain, so cant really turn it into a pin cushion with the funds they had. What happened to the cash they wanted to make from sifting gold out of the rivers

Anyway, I can understand that people are dubious about the increase in land acquisition in PNG, it hasnt worked out for a long time, they are now finally trying their hand at Lithium, and should really focus on that. Its not like they have alot of disposable cash. Spreading themselves way too thin. I hope there isnt something dodgy coming up where GMN end up selling off the lithium assets again for peanuts after diluting the Sh*t out of the company. We will see. This is a massive speccy play, not only from a perspective of hitting lithium (which is most likely there), but the company assets not getting swindled away somehow, and shareholders getting bent over. Happened too manty time in the past, just got to stay vigilant in terms of what they are doing.