there have been plenty of drilling and surface sampling programs...

there have been plenty of drilling and surface sampling programs undertaken on multiple projects the past couple if years. Just not as many as we all expected. Plus they failed to change the course of the share price and get any upward momentum. As with the majority of precious metals stocks on the asx we are struggling.. which is unusual because many would have thought in the current state of the world, precious metals prices would have run hard by now.

The high aud gold price is getting ignored and only increasing by chance due to the usd failing. The other factor at play is the CEO musical chairs the past few years and no hands on the ground work by management to show solidarity and commitment and saving dollars by doing easy sampling work themselves. Plus management actively buying large parcels on market.

Retail holders need signs of confidence to keep them interested and holding. Everything seems to be outsourced and changed seem to occur monthly - not one project is followed through to the end. I know commodity prices and the metal of choice changes rapidly around the world at the moment, due to geopolitical and economic issues but management just have to stick with one of our projects/commodities, and go for it. The most logical means is Mt Dimer to get some cashflow happening because it’s impossible to milk anymore from the market at a capital raise around these prices.