Kingrose Mining - Banter and General Discussion, page-1063

I think that's where the $33 million comes in . With that amount of money you can buy patience with out any dilution and paying salaries comfortably and earning interest for long period while waiting for permit. Other junior explorers without that sort of money will struggle to buy that patience without raising capital I think. The fact that they are sticking with penikat while having $33 million says something by itself. Much more than the cash we have I am quite happy with the management team. It's so easy to find ASX listed companies with a bad management team .