NPM 14.3% 1.2¢ newpeak metals limited

Ann: Finland Gold Project-Final Results, page-8

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  1. 3,496 Posts.
    lightbulb Created with Sketch. 1040
    https://hotcopper.com.au/data/attachments/4317/4317130-0983c322e0141a285c3f920f9b0120cd.jpg
    I’m sceptical but let’s hope the corridor yields more results with further exploration.. Some are dusters, some aren’t, but i wouldn’t consider them viably economical results..

    More cash will be required now being half way through the quarter and we only had 1.05 quarters of capital remaining..

    8.8b shares outstanding and 0.001 is going to be a difficult sell for a capital raise which I suspect is not far away.. unless a consolidation is coming as well..

    Either way, I’m still sceptical..
 
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