Single-Tranche Placement to raise c.$0.85 million, with strong support from existing sophisticated investors. The Placement in conjunction with existing cash reserves positions the Company to advance its fast track exploration consolidated Gidgee North project that boasts over 7km of prospective strike for VMS-Style mineralisation (Cu-Zn-Ag-Au)Current cash at September 30 was $1.98 million
prior to cr “and the Company remains funded for its CY2021 exploration activities”
CR November
My litmus test is management vs exploration spending my notes say 39% management is better er than average M/E planned spend $1012/$1672 = 39%
if we are still in business we will check the results again in the next quarterly.
we will see if they actually spend money on finding a resource or lattes.
so far promises and results are ordinary
I should have sold more earlier. Small parcel waiting for positive.
WSR Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
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