Yes this is what a high quality exploration junior looks like.
- 2 JVs with FMG committing to spend 9.5 million on drilling
- Where ever these days peg ground majors follow eg Isa North, Tennant Creek, Myall Creek, Mabel Creek.
- Directors participate in every capital raise.
- Acquiring projects via application and selling for cash/shares. = Tennant Creek, MDI & NT project RML.
Tight capital structure with BOD holding large %
Ann: Investor Presentation, page-57
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