That important word 'credibility' means that even the kindest of...

That important word 'credibility' means that even the kindest of investors think they "will believe it when they see it" when it comes to obtaining funding to get our projects into production. But it is a matter of historical record that, at one of the most desperate times for junior resources during late 2015, we successfully financed and got our small Portia gold project off the ground and it paid off its loan and its bills and we ended up selling it during 2018 for cash payments of A$10.8 million plus a 1.5 % NSR royalty. So we do what we say, even if it takes a bit longer and is unconventional. Importantly, working at Portia taught us many valuable lessons about how to mine safely and economically in this region, which is the real value for us going forward at Kalkaroo.

Source: https://c260b21c-7949-410b-a684-eec...d/6c8cd0_41d6e271bad742fd98345d548eb3b826.pdf [from an interview with Dr Chris Giles, see second last page of article from July 2020]

Cheers

These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.