Ann: Capital Raising Presentation, page-2

To start on a positive note, these recent grades from Crown Prince are on par with what DEG , BGL, or what RMS are getting from their hi grade Penny West mine.  It certainly looks like they have a high grade resource.

Unfortunately, a look at the LT chart in this sector spells one thing -  crap management.  4B SOI means too many cap raises with no reward.



Presentation didnt light my fire, just another CR for more exploration. I wont be participating as once the consoldation happens, I expect the SP will likely drift back down again - seen it too many times. Unless of course they keep hitting these grades.



They dont actually say what these "value creating initatives" are. Lame.shit talk AFAIAC.


Ohh, r eee aa lly? Refer chart above....pfft.Or are there all new members on the board these days? Unless Passmore brings some immediate changes and shows a leadership/directional change, I wouldnt bank on this statement. ITs jsut the usual shit talk.



This sounds positive. Early small scale mining to get some cash in after all these years - like OBM did. Remains to be seen whether they are actually able to achieve this, or whether they continue on a multi year exploration program to prove up a larger resource from that 1700m strike.

Lots to like here if you have top management running the show, and not that many amongst the juniors from what I observe. Will be keeping an eye on this one. GLTAH.