KTA 0.00% 1.1¢ krakatoa resources limited

Ann: Quarterly Activities Report, page-10

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    another raise.
    Of course there will be more raises. $3 million is good in the bank but only worth something to us when it goes in the ground. If I was in charge, most of that would be spent this quarter on extensive exploratory drilling at sugar loaf, 3 locations at bell valley and at least 3 different Rand targets.

    I would like to run at least 2 programs concurrently to begin with and plan to have the bit in the ground non stop for at least several months. The market is rightly demanding something real from us

    If we don’t have another raise within 6 months, at the most, then we won’t have done much and neither will the market cap. All we need is just one real project, it’s now time for hyper action imo.
 
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