What do they say about not shooting the messenger?
Sorry but we already knew this was coming with the failure to get the unlisted options in the money.
As @Copone notes, funds are needed to build a mine.
I was actually asked to post updated analysis. I assumed a raise of $28.3M at 5.5c in that analysis for a share issue of approx 1.3B in 2019.
https://hotcopper.com.au/threads/an...4186150/page-21?post_id=33049366#.WvoizBZ_WaM
At least it provides a checkpoint for Hartleys numbers. Their number is 21c, my number 23c.
https://hotcopper.com.au/threads/hartleys-12-month-price-target-of-0-19.4190041/#.WvokfhZ_WaM
Ann: Trading Halt, page-7
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