Questions for the EGM, page-20

This is my very first post so here is my sixpence worth. Seems in the past 6 months around $16m and 500 million new shares. When I looked at scoping study the whole total profit from mining Golden Mile is $14million. And now spending another $7m million (total $23milion or so ) buying another process plant 60 or so klms away after. The company spent millions of dollars building a processing plant at Mt Freda only a stones throw away fromThe Golden mile. My question is Why? What’s the point of this whole exercise. Looks to me like no body has a clue about how to add value just losses and wasting money. That’s my opinion for what’s it worth.