Ann: SAEMC Presentation By Chief Geologist, page-6

I see now that most of you start to share my frustration here. I do agree that overspending and more exploration is not needed anymore. All these people are just spending our money here and make promises on how good the bright future will be. I've seen this before during the ex communist era. Nothing happened in the end.
Stable cash flow needed with no more CR in the future. Otherwise HGO will go back to where it was and we will be diluted again. Me personally not happy with HGO management as I still see it as nothing more but a pure explorer.