as a point of interest, page-14

It's all very well to blame the General Market for the sp falls BUT the specific company has to be on a "winning" course itself to take advantage of sentiment reversal and price rising.

PEK's been caught by Insufficient Capital.It's in a bind trying to get end user capital injection.PEK despite it's maiden JORC is not sufficiently proven up for near term production so is not 'attractive' to end user investment who have their own cash flow problems globally.

So is it Dumb Management to just spend your dwindling capital reserve on a drilling prog you don't have the cash now to pay fully for?
I reckon it is Dumb.

So imho it has to be announced a Budget Revision.Current Cash in Bank budgeted for the best outcome possible in these changed circumstances.

ahh but i dread the gold bugs descending with Drill those other Zari claims.Gold Gold Gold that'll save us.

anyway I call for Management to give us direction of their proposed Activity in the current circumstances during the next 6 months and how they're going to finance it.