Why is it people continue to post blantant misinformation?
If you want to continue posting garbage and suck others into your bullsheet at least do it with facts not rubbish calls making out the company is in a better position than it really is.
The last qtr they only had 6.1mil in cash reserves along way from 7million the bsheet gang want people to believe then they had costs of around 100k leaving 6 million, they still need to pay for the works from Mt Gilmore project's by The University of Tasmania likely projected costs around 250k then they have to have everything analysed another 100k, then they have Miriam costs to be included another 3 to 400k then they have to pay for the drilling program at Lynn Lake which will be anything between 1.2mil and 1.5mil that neeeds to be paid upfront, then they still have ongoing costs associated with mining studies because they dont know how to start up an excavator or pick up shovels.
So those who believe the company has 7mil or want people to believe that then best you check over your maths as the figures of 7mil is fantasy stuff and anyone with any inkling of how much this company burns through will see the likely cash reserves the company really have is around 3.5mill to 4mil left and not 7mil as has been spruiked by those who like to post falsehoods, sometimes its better to look forward for facts and loook at it honestly, notdeceive itgers by posting false numbers.
Always be sure to DYOR especially on these types of stocks and if you put lipstick on a pig its still a pig.
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