re: Ann: Commencement of Test Work for Gold M... Wouldn't be...

re: Ann: Commencement of Test Work for Gold M... Wouldn't be surprised if its an insto raising since management would have to be naive to believe holders or even non holders would be keen to participate considering the history and previous failed attempts at raisings. The information is available all over the net - it's not like it was 20 years ago and could wait a year for everyone to forget. As for the cash raising reason - not convinced any if it would make it to crater - admin overheads are huge and would have only been a matter of time before ASIC requested info as to whether the company had funds to continue as a going concern. So likely firefly only in to protect their investment in that case. It's about time an audit was done in the company regardless. And back to the announcement - yeah really good news - market continues to sell down - nobody is buying the garbage these guys try to spin - just as well they aren't pumping gas for a living since would hate to know how much sediment would be in my tank now.