well doing my maths i get the following 3.35 g/t X 29,000 t=...

well doing my maths i get the following
3.35 g/t X 29,000 t= 97.14 kg Au
97 kgX45,000Aud$/kg= 4.4million aud$

announcement states didnt cover milling cost.
altho the loan for self same milling was 3 million aud$

all i can say
this company seems not to be able to do the maths for estimate drilling,
nor can it do the maths for the gold retrieved worth.

then they suggest they,ll try to pull a rabbit out of a hat with a cash raise.
has the board suffered a collective stroke???collective blood pressure too high?
too much stress from the complete failure of being unable to do the numbers?

4.4million aud$ and its not enough to cover milling ????
my maths show
3million$ loan plus 4.4 million$ gold = 7.4 million aud $ in total.
pay back loan plus 100k$ int = 3.1m$
payback milling cost = X$

so unless milling cost were over 4 m$
theres millions left over somewhere.

i dont like investing in companies which are incompetant and lie to your face,
and try to fleece more money from you.
no sense of guilt for the gross incompetance,
just more of the same.

if i get this,
cant the BOARD?

i can see vec at .1c just before folding.
anyone else out there willing to comment or point out any error in my calculations.
feedback please
i invested in this Co because my daughter is named gwendolyn.