"Therefore, the focus of the company's capital risk management is the current working capital position against the requirements of the company to meet exploration programmes and corporate overheads".
I think they are saying "We'll manage our capatial by only spending it on exploration and corporate overheads". By extension if they have no capital there wont be any exploration. I think that's we we find ourselves today. Sure as hell there will be some "corporate overheads".
Sharemadder - long time no hear. What makes you optimistic about 2011?
Cheers,
Geoff
GDN Price at posting:
6.0¢ Sentiment: None Disclosure: Held