I enjoy your post as they are informed and levelheaded.
RAB & AC drill machinery requires less land area to be cleared and also they are much more nimble when it comes to getting them there = less dollars spent = Win win.
Once positive hits are returned then more $ will be spent to get the big bastard drills out there to confirm depth and width in those areas where it's a bit tricky to get in.
Seems to me that management is doing the best for shareholders. Unlike other companies that are doing CR after a CR due to lot of misses and also to look pro-active to their shareholders.
We also have to remember that management are shareholders as well. So I would think it's in their best interest to be smart with our money and to keep shares at minimal dilution which in turn = greater returns for shareholders.
I'm also invested in a large resource company and thank goodness for once I got in early. Ken B. had a similar approach and the share price went to high .80cents. CR was done at .38 cents and I expect similar play here.
I would not rule out a CR this year as they step up their aggressive exploration ( multiple drill rigs at various tenements). Looks like to me, if Zola and Ringwood turn out to have huge lithium bearing pegmatites then CR will be done at much higher price = less dilution. Once again a win win. That's why I am invested in this company as management know what they are doing.
AIMO & GLTA
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