But they haven’t done any drilling last 8 weeks. Still waiting for the labs assay results. So their spend will be a lot lower last 2 months compared to previous 3.
Where 7 drill holes at Belele as well as 12,000m at Innouendy and 6 drill holes at Dingo Pass were completed.
Now the only drilling is at Dingo Pass with 5 drill holes into those 30,000Siemens conductors.
Anyhow, any one of these major milestones at Innouendy or Dingo Pass would see the share price lift to well over $4-5 ($250m to $320m mkt cap). So they may well raise shares in ~6-7months from now but at a higher share price and market cap.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
But they haven’t done any drilling last 8 weeks. Still waiting...
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