I had the same thought Gd.
It is not surprising they are prioritising this exploration given the number of cheap Director options tied to doubling the resource!
All I will say is I would be exceptionally disappointed (ie. pissed) if cash is being spent on exploration at this time and concurrently there is a third capital raising required to get the Mt Freda operations to production.
Ann: Drilling to Commence Targeting Outcropping Copper-Cobalt, page-6
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