Comparing this annoucement with the last nov 2019 announcement it basically means after drilling 129 more holes they ended up with less gold and similar cu and co !!!!
With no cash in the bank they will need to sell Novo shares to survive )highly doubt anyone is going to find the company investable after this debacle)
The only consoldation is the CEO bought shares (small number) recently and he is also underwater on those - but clearly he had no idea either - which should worry absolutely everyone.....
Ann: Carlow Castle Update and Proposed Capital Raise, page-43
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