These are the paragraphs you should all be reading and assessing your position from there. As long as you make an informed decision taking into account what you're after, the rest doesn't really matter;
"The balance of these cash reserves is not sufficient to meet the Group’s planned expenditure budget including evaluation and development activities for the 12 months to 31 December 2017. The Group has exploration, evaluation and development expenditure forecast over the next 6 months totalling $5,193,304. In order to fully implement its exploration strategy, the Group will require additional funds. The above matters give rise to material uncertainty which may cast significant doubt over the Group’s ability to continue as a going concern.
Notwithstanding the above, the financial statements have been prepared on a going concern basis which contemplates the continuity of normal business activities and the realisation of assets and settlement of liabilities in the ordinary course of business. To continue as a going concern the Group requires additional funding to be secured from sources including but not limited to: A further equity capital raising;
Listed options conversion which are expiring in May 2017;
The potential farm out of participating interests in the Group’s tenements; and/or
The generation of sufficient funds from operating activities including the successful development of the existing tenements.
Having carefully assessed the uncertainties relating to the likelihood of securing additional funding, the Company's and the Group’s ability to effectively manage their expenditures and cash flows from operations, the opportunity to farm out participating interests in existing permits and surrender non-prospective tenements, the Directors believe that the Group will continue to operate as a going concern for the foreseeable future. Therefore, the Directors consider it appropriate to prepare the financial statements on a going concern basis. In the event that the assumptions underpinning the basis of preparation do not occur as anticipated, there is significant uncertainty whether the Company and the Group will continue to operate as a going concern. If the Company and the Group are unable to continue as a going concern they may be required to realise its assets and extinguish its liabilities other than in the normal course of business and at amounts different to those stated in the financial statements. No adjustments have been made to the financial report relating to the recoverability and classification of the asset carrying amounts or the classification of liabilities that might be necessary should the Company and the Group not continue as a going concern."
(20min delay)