Ann: Cockie Creek broadest intersection of mineralisation CCDD007, page-59

I hope it's just puffery, the last thing we need is another money sink, when they have no money...

Either get it done at CC and BT, or better yet I would rather see them reduce expenditure at those projects, as it could realistically take years to find what they're looking for, and spend where they know they can start an income stream - steam engine. Expedite that project and get something happening with it, it has the most near-term potential of all their holdings. They need to capitalise on the gold price, start delivering shareholder value, then when the SP is much higher they can do more raises for CC and BT and Wyandotte.

The way they're going, next the raise will just fund going in circles again, then will require another more capital.

Or, be cheeky like other companies, spend money on a good Uranium deposit as "U is the new lithium". This would pump the SP, then do a raise at high prices. Current holders would be thankful for a shit load less dilution that we can expect by mid this year. They have a U project that's just sitting there, but they don't think it has potential obviously otherwise they would have started something with it. Writing was on the wall that Uranium was going to pop this year.