Until they define a resource greater than 1MoZ this will continue to stay low as market not interested.
Also you dont want them raising prior to that either at this price or further unnecessary dilution.
Yes a merger is nice, but they need to define more of a resource and mergers are rare, so dont rely on the one off black swan event....
As I said a while to go on this one, Ill wait to at least gold prices start firing which according to my calcs is late next year
Ann: Notification regarding unquoted securities - MM8, page-6
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