Seems like you can make any loose statement as an ASX company:
- First Mover advantage? A previous presentation mentions a long list of previous explorers. The data they are working off was generated by the first mover (which is not them)
- Clear path to production? They make it sound as if it is a slam dunk. The reality is that there is a very high probability that the mineralisation won't stack up into a mineable orebody.
$3M from asset sales? Lets wait and see how much they really get and when.
- Clear strategy? Not that clear in my opinion. Where are the dates? The KDPs and plans when they don't find an actual orebody?
Careful with chipping into the cap raise!
Seems like you can make any loose statement as an ASX company: -...
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