Fair comment gary123. I have also had the opportunity to participate in capital raisings and benefit from JMEI tax refunds. I have been happy to support the company over the last few years as AT's extensional exploration and acquisition of a good slice of highly prospective Gawler Craton tenements (not to mention the other projects) has expanded my own confidence that Marmota will emerge as a profitable miner. So I am in for the ride and happy to maintain my level of equity without dilution by participating in capital raisings along the way as a part owner. Sure there are risks here with the gold price the biggest factor in that regard but if investing in junior miners you have to accept this. The pace of work towards developing AT can be a little frustrating for some but is somewhat dependent on third parties. Marmota operates a lean ship with careful application of funds not like many other juniors with excessively remunerated management and staff and unnecessarily large boards. Colin currently has the right mix of paid expertise on board and other advisors close at hand. The next six months I believe will be very important for establishing Marmota as a significant player as a future producer. By first establishing certainty as a viable producer their should be little problem raising the necessary development funding either through equity and/or debt funding.
Add to My Watchlist
What is My Watchlist?
