Ann: AuMEGA Announces Trading Halt to Commence Private Placement, page-2

  1. 208 Posts.
    lightbulb Created with Sketch. 25
    -$10m AUD or CAD? Who knows.
    I will say, at least he hasn't raised more than what's needed.
    As I've highlighted recently, it costs us about $10m to do the exploration we need for a year so he's sticking to the bear minimum here.

    -20,000m drilling on Bunker Hill (BH)?
    I mean, didn't we just started exploring that?
    Why are we hitting it so fast?
    What happened to the thorough exploration approach?

    -BH aside, we're still investing in "early-stage exploration activities a Hermitage and Malachite".
    Are you for real?
    We've just completed a first run of BH and we're ready to pepper it with a 20,000m drill program.
    But exploring Malachite (2.5 yrs) and Hermiatage (1.5 yrs) and that's still early stage?



    I'm so confused. eek.png


    https://hotcopper.com.au/data/attachments/6541/6541373-b077eac9414c24b9524a167d41b43b6d.jpg

 
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