@MrAu isn't meant to be a devastating blow.
As stated previously, post was just to correct the misinformation being constantly regurgitated by @@m0ngy
It should be obviously that the resource is no where near as advanced as he is making it out to be.
Fact is more drilling is required to both 1. Increase the confidence level of the resource 2. Increase the size. I'm stating the obvious that more drilling is required and even the company is advising that continual drilling will be required.
Fact is that the company is not fully funded for an expanded drilling campaign and a Cap Raise is forthcoming. Accept that. It is part of the perks of being an explorer.
The question is, which Option the company will chose to undertake the raise?
Only positive is that they have managed to get HP onboard and in the worst case scenario i hope they will opt to completely cornerstone the next raise again because undertaking a discounted placement would cripple and kill just about all existing shareholders.
@MrAu isn't meant to be a devastating blow. As stated...
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