Hey Hoodlum,
we need to keep raising money to progress, it is where and at what price we do this to avoid dillution and get the best value out of funds raised.
We are fully funded for this drilling program and should have left over funds to start working on our other projects, if we can hold off and the share price keeps building on anticipation to about 5c this would be perfect.
We need approximately $2.8m for Peru Gold plant as someone mention here and another $2.2m for Crown and further works that should be a 100m raise at 5c no attatching options needed to entice for I am sure it would be taken up. Only another 100m shares to add and we can keep going and building ,the further up we keep raising the better for us . I have attached a chart showing how SIR did and we all know what happened to SIR.
Results no raisings should be our focus at the moment, if we get results, raisings will be easier and positive steps moving forward. Enjoy the JOURNEY
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