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Ann: Greater Duchess Chalcus Lode Extension 87m @ 2.3% Cu, page-30

  1. 5,055 Posts.
    lightbulb Created with Sketch. 845
    Ahhhhh.......wrong.

    Admit i got a figure wrong there also....lets make it $21m per annum based on current expenditure (as i stated in my post). Definitely not the $11m you tweeted about. You noted they made significant discoveries spending ~$11m......and now they've spent ~$5m in a quarter and found not really that much......hmmmm, flag anything for you?

    So.....with ~$21 in the bank and based on current exploration activities ~@$21 per annum expenditure best you grab your calculator out and do the sum.......tell me, how long until the money runs out?

    Next raise will be less than 6 months away.

    Again.....the cheer squad spreading the fake news trying to pump up the company and make it something it's not. Or, an alternative theory that is gaining traction is the cheer squad actually have very little idea about investing........COVID clowns I believe the Sophs call them.

    https://hotcopper.com.au/data/attachments/5744/5744410-ac3c06d5609a76ef77768373f225130f.jpg

    Last edited by Immetoday: 17/11/23
 
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