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3,672 Posts.
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21/02/18
11:37
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What you didn't mention was :-
1. the massive increase in number of shares by 43% now on issue - big dilution for existing share holders
2. staff and admin costs are running at a whopping $1.3m pa - comes out of "working capital"
3. the need to sell the Paguanta zinc/lead/gold deposit to try and recoup some of our cash investment from this failed foray as a priority
Need a big resource update at decent grades to get some interest in this one.
