What a dilution, an extra 790 million shares!
However, if it works - fantastic.
On the other hand for a company that's so desperate for money to start up its processing plant why on earth are they also talking about drilling in exploration areas? Every last cent should be put towards getting production and a cash flow going.
To fritter away scarce cash on non productive exploration after what has happened to date just takes the biscuit (trying not to swear) unless of course a minimum amount must be spent on the exploration leases to retain them (this should have been spelled out if so).
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