still full steam ahead, page-38

Spending cash on any exploration is all wishful thinking until you prove a resource.

Very few exploration projects become commercial developments. Maybe 1 in 100. Billions are spent for no result.

GDN has already spent about $40 million on P1 and P2. A lot of that is Directors fees too.

Listed companies are exploring with other peoples money - not their own private cash.

Losing money doesn't matter. Companies go back to the investor well for more cash.

That's what the games all about.