Have a think about this. Since the start of 2010 this company has raised the following cash
March 2010 $24.0m from sale of UMC to BHP
Oct 2012 $ 2.2m rights issue
Sept 2013 $ 0.8m SPP
Sept 2013 $ 0.5m Crabb takes up some SPP shortfall
May 2014 $ 0.65m from Hayes creek
June 2014 $ 0.8m from Copernicus & East Kimberley
July 2014 $ 7.5m placement
July 2016 $ 1.8m SPP
July 2016 $ 2.5m placement to make up SPP shortfall
July 2017 $ 1.5m from Richmond for RB
Sept 2017 $ 5.2m Rights issue
That comes to a tad over $47m & what do we have to show?
Nada, nil, SFA, zilch, with the exception of a huge expanse of territory to explore with no cash & RB in the hands of a prospector!
The same board (with the exception of Rick Crabb) & 2 CEO's oversaw this huge waste of money & dilution of shareholders, so hopefully you guys are right in suggesting that things will turn around quickly, because there is no hope if it doesn't - & I've been hoping since 2001
