What resources have we got Cowboy? Well, if you've read the companies recent releases, you'd know that we are due an update of same by the end of the month.
The board (as I'm sure you know) have just engaged a respected person to evaluate Koongie for potential development.
The issueing of shares was required to fund upcoming and presumably, pro-active action re. our leases.
Nothing is etched in stone, but I'm more than hopeful. If I'm wrong, the extra money recently spent on buying shares will prove to be a bad call that I'll have to live with.
But on exposed and known info cowboy, imo, AAR appears better placed than it has been for some time.
Regards
RM
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