Not sure how that is a bad thing?
Management are performing to their strengths - seeing value and throwing money at opportunities in order to add further value to the company.
Name another junior explorer with the balance sheet and capability to be able to do this...??? Most are struggling to raise capital to drill out just one project with the hope of finding something.
At least buying an existing project with proven resources/drilling or sampling evidence de-risks and enables a higher chance of succeeding.
To be honest, I like the way management are going about things.
Ann: Trading Halt, page-42
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4.2¢ |
Change
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Mkt cap ! $53.52M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.4¢ | 4.2¢ | $372.3K | 8.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1988675 | 4.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 1518833 | 3 |
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