They certainly do seem to be forever raising money. On the plus...

They certainly do seem to be forever raising money. On the plus side, this leaves them very well funded and well poised to move forward.

On the minus side of course, it's bad for dilution.

But with Baralaba mine producing and plans to ramp it up to 700ktpa, based on my earlier calculations this should get them in the vicinity of $10M profit per year, which will hopefully cut down on the number of future capital raisings they need.

I'm getting a bit impatient though. Time to start digging at Wandoan, I think!