The company never likes to drop below $6m cash so a CR was inevitable and has been on the cards for the last 6 months but they can't hold out forever. NEM topping up could be an indication of what they suspect parklands alone has to offer.
Its a tough game exploration and we only have to take a look at SPARTAN RES to see how easy it is to hide a 1Moz deposit in a carpark.
As others have said it's time to ease up on the fresh targets and get some paperwork done for mine progression. With the addition of GEO-1 it should be in the ball park to get the shovels out.
The company never likes to drop below $6m cash so a CR was...
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