Great article and thanks for bringing it to our attention...

Great article and thanks for bringing it to our attention
Absolute great team and all the experience to bring all this together...
The buying was relentless today huge volume but so was the selling without finishing on its daily high so if this is going to be a marathon and not a sprint then it leads me to believe that the sellers are expecting a CR sooner rather than later...

Hopefully it is a sprint and we hit the sweet spot sooner than later so we can raise much much higher or at least they have the announcement expertise to suggest we have the Au donkey by the tail with these initial results to keep the share price elevated. Definitely not interested in going back down to 0.12c please....

cash position Sept 23 $4440000.00
cash expenditure per month estimated with no drilling $443333.00 based on last quarterly..
cash expenditure per month with drilling $895000.00 month based on "expected" expenditure in the last quarterly that adds up to approx $400 per metre plus Admin $256k and staff costs $139k less approx interest received.
Estimated cash end Jan 2024 $1311667.00

So a lot riding on some good initial bankable news IMO so the next raise is much much higher -GL