I wonder if the company is trying to position for a cap. raise soonish because Mt. Riley hasn't generated any money and doesn't look like it will any time soon.
$1.9 million ending 31 December and $0.8 million forecast to be spent in January quarter.
The last raise was all about raising money to get Mt. Riley up and running so probably can't be that blatant again, or perhaps they can. I'm not sure. Interesting stuff.
Ann: New VMS Target discovered at Golden Grove North Project, page-9
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