29 August 2019 from the company annoucement
Raised $1.9m from Sophs at 2.1c per share.
Proceeds to fund advancement of Argent’s top three high impact drilling programmes and
provide working capital.
Purpose of the Issue
Proceeds of the Placement will boost Argent’s cash position as the Company advances exploration work on its
top three projects:
Kempfield Project drilling programme: Cu-Au footwall and feeder zone area to the west of the known deposit as well as
selected zones to further progress the JORC-compliant updated Exploration Target featuring potentially significant additional
silver equivalent (announced on 6 June 2018). The existing regulatory approvals in place will enable the Company to fast
track this drilling programme. (9 months later still nothing we still have nothing)
If the approvals were in place for this annoucement last August, what the hell happened to the money raised in two tranches last year and did the drill rig for Kempfield lose the address of where the company was supposed to send it to drill.
29 April 2020 from the company annoucement.
Argent is finalizing a drilling contract with Perth based drilling company, Strike Drilling Pty Ltd (“Strike
Drilling”).
Argent is expecting the contract with Strike Drilling to be finalized shortly and the drill rig and crew will
mobilise to Kempfield around the first week in May.
It's almost the end of May.
Where are you drill rig.
Not to mention where are the results from the Airborne Survey we were supposed to be doing in conjunction with SVL and ALK or did it not happen.
Taken from Company annoucement 15 November 2019
◼ Argent will share mobilisation and associated survey cost with Silver Mines Limited
ASX: SVL and Alkane Resources Limited ASX: ALK.
If it didn't go ahead that's fine but tell the long suffering shareholders.
Last chance guys as I don't think people will be rushing into cap raises for ARD anymore without the drills working and most of all, finding something.
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