Perhaps not fold up, but share price will drift into low 2c, perhaps even 1c range over next couple months. Then they'll have to raise at a sub $10m marketcap which will result in heavy heavy dilution.
Just noticed that they're presenting at the Noosa mining conference (https://www.noosaminingconference.com.au/program) I might head across for it, anyone else in that area should go....
Perhaps not fold up, but share price will drift into low 2c,...
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