No one said the management was stupid.
To the contrary, I've praised their capabilities in several prior posts.
We:re cashed up, but have gone through quite a lot of $$$ in our active exploration and drilling campaigns on multiple sites.
Will we run out of $ this year. No.
Will we start getting close to doing so in a years time, if we still haven't hit high grade gold at Pyramid? Possibly.
I know that I don't want us to go to market with a share price of under $1.00. Too much dilution.
One of things I like is we only have less than 140M shares outstanding.
I have no clue regarding what you mean as a "lifestyle" company.
Ann: Electromagnetic Survey Identifies New Targets at Mt Jackson, page-8
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