you’d rather management just sat on their hands for 18 months...

you’d rather management just sat on their hands for 18 months then spend the money that was entrusted to them for exploration?

It’s why they call it exploration. Bit like they old saying about fishing. It’s called fishing and not catching for a reason.

There’s a lot of explorers out there that spend 70-80% of funds raised on admin and director wages. I don’t think Taruga fits in that category and I’ll take some time to review the 5Bs over the past 12-18 months and share the data here.

End of the day you invest in an explorer to poke holes in the ground and hopefully find something. We have all the ingredients for a major discovery. We have highly prospective tenements, some initial positive results (a smoking gun?), a safe jurisdiction, local copper producers and process plants, a geologist with experience in the region and personally incentivised to find a company maker.

Im holding, I have averaged down and will likely top up again if prices continue to decline. I believe in the people and like the story. Bring on Flinders.