True amiga, but the presentation provides no new data, not even the recent Airborne, but one that's 10 plus years old.
When I read the announcment, it's just a cut
and paste from older ones. Ie same story, we have potential.
If they were serious they would start moving some EL deposit resources to get cash.
Does not take much to lease a few front end loaders and haulage trucks and phone Thompson treatment plant to treat the ore.
The resource does not need stripping and roads are good and there is power there.
Its money just sitting there. Easily could have 20 to 30m revenue and a million or two cash flow to cover alot more exploration than what they do without all these cr.
I'd understand if no pit was there, but it is sitting there already.
See its easy to just tap the shareholder for money and the guy running it, doesn't care as he gets 200k irispective.
At some point, shareholders will not provide more money and game over.
I know I won't chip in anymore, till I see them monetise what they have and use there brains. Prioritise!
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