Can someone assist here as I tend agree consolidation doesn't always go well.
The company does a 50 / 1 consolidation and from looking at the books there is 1m in the bank. Looking at the same period last year wages have gone up 500k from 300k to 800k and about 300k in exploration costs for the same period.
Someone feel free to comment or correct my comments but if there is little change in the business activites and with the current outgoing costs that there will be a capital raise coming?
After a marketing presentation to capture new inverstors and start the dilution process all over again?
Can someone assist here as I tend agree consolidation doesn't...
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