Ann: Exoma to acquire The Gruden Group, page-5

Agree, but thats what the investor sentiment now, investors want a model that shows proof of concept and quickly get into cashflows, rather raise capital heaps to fund exploration projects which have a very low chance of finding any resources that are "commercial".

1PG has a market cap of $78m atm, when its latest financial shows no revenue and little cash in the bank.
http://www.asx.com.au/asxpdf/20141014/pdf/42swhj8y0n2gzy.pdf

I think Exoma or Gruden now has at least $7-8m cash in the bank and $8.2m worth of revenue. Positive way forward.