This was always going to be a tough gig.
Mineral exploration in a country with minimal basic infrastructure, limited governance and legacy issues from Panguna was always going to be a big ask for a minnow like us.
Unfortunately the only way forward is to throw money at it. Lots of money....which we currently don't have.
$3 million loan due next month, expected increase in costs for exploration, staff and admin.
Lets hope the Geophysics report due shortly throws us something good.
KLH Price at posting:
0.4¢ Sentiment: Hold Disclosure: Held