I'm expecting we will pick up the tenements for quite a few of these old gold historical mines for next to nothing.
The Market is trying to figure out when, and how much money, we are going to need to properly explore these opportunities.
If we get lucky at Bengal we might be able to raise at around the 8 cent mark, and reduce the dilution. I'd be much happier if our main target Lion could get drilled before Christmas, but as Julian mentioned in the interview, it appears logistics might get in the way of that. Praying for a late start to the wet season now.
Message to management (who read these forums) - absolutely NO SPP - start work on it now, get your ducks lined up, and get it over with FAST!
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- Ann: New Tenements Granted, Exploration to Commence at Mt Holland
Ann: New Tenements Granted, Exploration to Commence at Mt Holland, page-6
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