Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-13

Hey Merv ,
Commenting on your below.
Nevertheless, the Placement remains uncompleted, and they are now looking at exploring a new site at Greenvale, Hall's Reward.

For the life of me I CANNOT understand why we would even consider more exploration when the share price is heading towards ZERO.
We need income to sustain the exploration and BLIND FREDDIE should have been able to see this years ago .
Focus on the GOLD we know we have and start bringing in $$$ then go nuts with the exploration .
Again should have been the FOCUS from the very beginning.
Yet , here we are with the 2 potentially company making PRIORITY holes with grants still not done ( how long ago did we receive the grant ? ) , scheduled for the wet season whilst other drilling was done instead.
Can ANYONE give me an answer WHY Peter does what he does seemingly in reverse order and RARELY communicate with the shareholders?
I have a relatively substantial holding in SPQ and I feel nervous about losing all of that .
There must be others here with HUGE shareholdings absolutely crapping themselves ( Unless they know stuff for sure that others don't )
Rant over !