$10m cash, spend on current tenements less than the (likely increasing) royalty payments coming in, and Kerry Harmanis in the Chair (replacing Kirkwood who was one of those not exercising options). Plus Dr Jon Hronsky OAM involved in confirming the prospectivity of their Lachlan Fold holdings and in target selection. Lachlan Fold territory where they have just recently added tenements.
A bit of a delay due to Covid, but I'm happy to be holding a cash positive sleeper that is drilling and conducting EM work now, plus also is in the position to be identifying further acquisitions.
Ann: Appendices 3Y x3, option expiry, page-22
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