Well there you have it! The trouble with companies that are not making any money is that they keep needing more money.
At risk of being called "negative" just look at the words used:
advance exploration
furthering the company strategy
toward the 500,000 oz resource target
Basically never actually getting anywhere.
At least for future Capital Raising the shares can't be offered at much more of a discount. There's not much left to discount.
Cheers!
Catweasle
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