Hahaha...... good man John I have my tin foil hat at the ready for the details of this next announcement. Thankfully I have not had to realise the cost of 3.500m diamond drilling campaign myself, but then it would seem that management didn't realise how much it would cost either.
Here is a C&P from the announcement dated 10/3/16.
"Backed by a strong cash position, Argent has scheduled drilling to commence Wednesday 16 March 2016, with an immediate follow up to hole AKDD181. A new drilling contractor has been appointed with 24 hour/7 day operations capabilities for a high impact, accelerated results drilling program"
Accelerated results......hmmmmm
And another from announcement dated 15/3/16
Cash position and finalisation of the private placement Argent’s cash position will be approximately $1.52 million following the finalisation of the private placement, representing a well-funded position ahead of the Kempfield drilling program and West Wyalong IP extension survey.
Now Juniors cannot run on fresh air, I get that, the point I was trying to make is that surely management must have planned to have enough funds to get us from A to B in the current campaign. Why are they going to the equity market again before the final results are in. I have plenty of tin foil if anyone else wants me to make them a hat
(20min delay)