@Qwerty1992 - IMHO you need to read the past ARs and become...

@Qwerty1992 - IMHO you need to read the past ARs and become informed re debt levels, which have been increasing. In the 2018 AR the company had Current Liabilities (i.e. DEBT) 'amounting to $2,540,162 ... majority of which at balance sheet date were not within their normal credit terms' (page 6), i.e., they are "in default". In 2017 Equity = 1,122,158; in 2018 Equity = (442,223) [page19] representing a $1.56m reduction in equity - despite receiving "some" funds for the spin-off of TNT Mines! In 2017 Chattel Mortgages were $406k, in 2018 increased to $464k [page 31]. Of significant concern is payroll liabilities reported on page 32 - payroll DOES NOT include DIRECTORS - in 2017 payroll liabilities amounted to $1,163,363, in 2018 this increased to $1,570,205. Something doesn't make sense when one looks at the Qtrly Reports for costs.

In addition, annual credit raising has been the norm to convert debt of the Executive and Non-Executive Directors of the Company to equity.

Not sure what info you have been reading but ...