$29,469,000,000 of Gold is it a Takeover Target like CDV?, page-33

Decades of failed attempts to raise the funds they say is required to make the mine operational, and failure to meet targets /goals that they set, years of misleading statements like the one made in the June 2020 Quarterly
"During the Quarter, active discussions for major project funding advanced and expect to be in place by the end of this calendar year"
and again in the September Quarterly
"Active discussions for major project funding advanced and funding is expected to be in place by the end of the calendar year".being December 2020 !!

There was no mention or reason given for the failure of the funds to eventuate in the December 2020 quarterly only that funding negotiations were continuing !

There is at least a decade of quarterlies in which it is mentioned that project funding discussions continue with potentially interested partners.

Were you aware the inferred mineral resource of 11 million ounces fortuitously became
14 million ounces in December 2020 after some consultants had a look at the numbers.
Announcement Dated 9 December 2020 "Resources Increase"

The fact there has been No takeover attempt by a major gold miner even at a market cap of $10mill 12 months ago speaks volumes IMHO.

DYOR My thoughts and ramblings only
Caveat Emptor