What I would like to see is they self fund Ashburton or the majority of it to speed up the process to development. Concentrate all exploration expenditure on shoring up reserves & resources & use the cash building up to self fund as the banks usually take forever to do their due diligence. Alternatively as I mentioned earlier use it to pick up a cheap asset being off loaded. Now is definitely the time to be buying assets.
Ann: Quarterly Activities Report - March 2013 , page-7
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$16.51 |
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 2 | 10100 | $16.50 |
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