re: Ann: $2.5M Exploration Budget for GBM Far... Cheers Wobbly, remiss of me not to reply to you. Was busy tallying the numbers and realised we were too short. Then the job came up and no time.
Some may not realise that the 2.5mil funding looks good but is for the JV and only a small percentage for overheads.
Dilution at this SP would be devastating for the SP.
Some significant change will occur ...cause the money isn't there to continue ...ESP paying .6m for two directors fees.
SJB
Ann: $2.5M Exploration Budget for GBM Farm in Pro, page-8
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