spending that money now is a bit silly if you ask me when they will barely have enough for the infill drilling program. I will be interested to see how much doe they have after the sept quarterly. more capital raising on jv will be necessary. capital raising at these levels would be disastrous. eerytrhing is slow - no capital = big problem. I cant beleive people cant see it. THIS IS THE BIG QUESTION.
If they can get a jv then this a sensational buy, if not well i hate to imagine.
Im not downramping, im impressed by the finds so far, but with so many shares on issue, lack of $$, slow assays and annoucements, a crappy market, spending $$ on a european company now (WTF) just makes me pesimistic.
The question needs to be asked - after the latest drilling program is established and more drilling with min funds, what next...
.8 of a cent - jeepers - certainly not worth selling - hope the boys know what there doing
DSE Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
