Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-37

A 77% SP increase for the week. It closed on the highest price it traded at all week, on high weekly volume. It shot thru .061, the price of the last share placement, without a hint of resistance.
Without any news at all, it seems unlikely that it would run this high due to an impending cap raise. The only possibilities I can see to justify a run like this are an exceptional exploration result or a good development in the Taranaki project (combined with insider trading). Or as Marketinfo suggested, a Pump and Dump. Otherwise why would anybody bother chasing it up this much in a week?

The November 2023 AGM Presentation to shareholders included the quote below. I'd love to see this part bare fruit "Activity: combine RC and DD drill programs"

"2023/24 exploration activities are to be focussed on the
following:
1. Pipeline Ridge
Targeting: add substantially to existing resource est.
(looking to add up to 210,000oz Au @2.4g/t Au)
Objective: evaluate for shallow oxide opencut gold, as
well as copper, zinc & lead underground options
Activity: in-fill, RC & DD
2. Mt Boppy (beneath recently mined pit shell)
Targeting: resource expansion within existing ML
Objective: grow existing resource >100,000oz Au
Activity: combine RC and DD drill programs, targeting
mineralisation between 300m – 600m deep"