Capital RaisingFlagship is in discussions with certain equity...

Capital Raising
Flagship is in discussions with certain equity market advisors and brokers to complete an equity placement
before the end of April. Terms and conditions, including pricing, of a capital raising have yet to be determined.
Subject to terms and market conditions the Company intends to raise $3 million. As at 11 April, 2025, Flagship’s
indicative sources and uses for funds raised is as per the following table:
Item Amount (A$)
Existing Cash as at 11 April, 2025 $ 139,966
Proceeds of Capital Raising $3,000,000
Total $3,139,966
Estimated cost of Pantanillo Gold Project transaction $ 26,070
Expenditure on existing projects (including Tama Atacama
option payments) $1,450,000
Expenditure on Pantanillo Gold Project $ 663,896
Working Capital & Corporate Administration $1,000,000
Total $3,139,966
The above table is a statement of current intentions as at the date of this announcement. Intervening events may
alter the way funds are ultimately applied by the Company.

Why do you think we are still paying the option payments on Tama Atacama, surely now we got enough to keep us busy with the gold and copper.
Must be a partner that could come in take on the exploration or some cost? I Hope so
Thailand may yet come good if a Chinese producer wants to come in and use it to bypass USA tariffs. Another I Hope so.