here comes the dump, page-2

Have got to agree with Gecko. The quarterly report gives nothing substantial to hold the stock even at these dismal levels.

Spend rate > 600k/quarter and 3m left in the bank. Interesting 12 months ahead since their current drilling program results will attract zero interest and zero further investment.

A couple of 60k government grants. Big Deal. The amount we are paying Steve and Co for the taken to apply for them would probably have cost more than the grant value.

Typical penny dreadful money miner setup. Pay large salaries, diversify into every conceivable lease application, grant application blah blah blah to make it look like you are really good. Gives you a lot of info for your quarterly reports. Management have no idea what they are doing, but who cares, doesn't effect their take home. Shareholder return always the same - zero...