You're focusing on the wrong thing from this quarterly IMO.
Per below table, 7866.5m was drilled in Q2 which is 83% exploration activity all up... 83% of spend that won't be present moving forward...
If you're in a company like this, not to be OK with getting diluted (unless top up with each raise), have to wonder what you're expecting out of this investment?
Ann: June 2024 Quarterly Activities and Cashflow Report, page-9
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