The money that comes from WD or any divestment at this stage.... if we do sell... needs to go into exploration - any money placed into the con notes at this stage is just a waste. We are doomed if we continue to pay that down without drilling, we will just go lower and lower.... We need to get a re-rate and that comes with exploration... We need to put our money into drilling and turn heads with hopeful exploitation success ( outside of downplunge FFS ).
We are close but, at the same time, in a precious situation regarding financing/debt.
Newcrtest can do some heavy lifting but they are working methodically and take longer than anticipated. If they find anything, we will get a re-rate. Concern with them sitting on their hands is a void argument... these guys are the largest gold miner in the world. They need ounces and if they find anything, they will move quickly to explore or take over. petty games delaying take-over bids, etc don't really achieve much when they have spent close to 7m to date nad more in the coming 10,000m drill program to start in the new year. March / April now IMO given the somewhat wet season.
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The money that comes from WD or any divestment at this stage.......
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