those guys are smart. Started a lot of JV's in order to get exploration going while cash burn rate is almost zero, and no dilution for shareholders.
So basically they do not burn monay, do not dilute but exploration is ongoing/starting anyway. Nice one.
Now they just have to drill something good. Should be not that big problem given the prospective tenements.
Enjoy,
Pisa_
Ann: Quarterly Activities and Cashflow Report , page-2
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Last
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Mkt cap ! $3.269M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.075K | 537.6K |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
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| RBR (ASX) Chart |