Cox’s Find - Remnant Material on Surface

With there being a lot of chatter with regards to our dwindling bank balance and the need for fresh new funds I thought I would start this new thread with regards to an announcement that was released by management on the 17/09/2020 with regards to remnant material at Cox’s Find
Here is the link to the announcement below for those that haven’t seen it yet.

https://www.gsml.com.au/wp-content/uploads/2019/09/Coxs-Find-Remnant-Material-on-Surface.pdf



Whilst awaiting Department approval for the planned extensive reverse circulation and diamond drilling program targeting both shallow and deeper gold mineralisation at Cox’s Find the Company has commenced investigations of the grade and tonnage of the remnant surface material with the aim to provide a JORC 2012 compliant Resource and look at potential monetisation options.”

Above is a direct comment made by John Terpu in the announcement.

As a shareholder of a company who clearly needs fresh new funds why have we not heard anything about this remnant ore in well over 12 months. What a perfect opportunity to bring in fresh new funds with absolutely no dilution to existing shareholders.
Why have they at least not told shareholders just how many ounces of gold they believe is on surface.
Any further capital raising without monetising this remnant ore would be a huge failure by management.
Like I have said in a previous post shareholders should be demanding answers from management.