Ann: Half Yearly Report and Accounts, page-5

The last update of this was in October 2020. Nothing has changed since then.

In the face of such a well documented history of failure over the past 15 years i don't hold a lot of hope that anything is going to change. They must have spent more than $110M of share holders money over that period. With absolutely nothing to show for it. If they had even come up with some small deposits ( economical or otherwise ) in that time then it might be easier to cut them some slack. But the chronic haemorrhaging continues unabated. As i have stated in the past i think the company mantra of looking for elephant sized deposits assists in having a ready excuse for consistently failing.

The last 15 Capital raising's. A very clear trend here..... wealth destruction !

2007 @ $0.105
2010 @ $0.09
2011 @ $0.13
2013 @ $0.075
2014 @ $0.035
2015 @ $0.0725
2016 @ $0.02
2017 @ $0.012
2018 @ $0.01 ( March 2018 )
2018 @ $0.0091 ( November 2018 )
2019 @ $0.0086 ( February 11 )
2019 @ $0.00672 (May 02 )
2019 1 for 12 Consolidation ( July )
2020 @ $0.072 ( September 2020 ) or $0.006 pre consolidation
2021 @ $0.059 ( September 2021 ) or $0.0049 pre consolidation