Impatience.
It's a great result. The cash position has increased despite increased exploration activities and work force. Nearly $33m in the bank - what an awesome cash position to generate substantial shareholder wealth (and we can't forget $70m in Sumatran assets).
The company is still evaluating potential acquisitions in Indonesia and abroad while undertaking necessary exploration to identify feed for the plant.
Can't really fault it, they're doing what they stated from day one. Just a little more patience required.
Ann: March 2021 Quarterly Activities Report & Cashflow Statement, page-9
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