SMI 0.00% $1.09 santana minerals limited

Ann: Sayabouly Project, Laos - Investor Presentation, page-2

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    Gonna have a hard time raising for the next exploration, and cash would only be barely ok atm based on the last quarterly.
    Unfortunately it turns out to have been a quite bad move to allow the SP to be run down to 0.3c for the SI leaches, as the tenements haven't shown anything great so far.
    And the deposit modelling in the ann looks a bit incoherent, wouldn't the fault be post deposit and hence have no effect on the mineralisation except maybe to re-mobilise - or are they saying its the conduit for the ultramafic instrusion and might provide some structural clues?
    Looking at Voisey style deposits maybe??

    Cant see this turning around meaningfully pre consolidation
 
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