This has certainly come "out of the blue". It wouldn't require funds at this stage to develop the Au/Ag tailings project as it is far too early for that and in view of the fact that they have just announced an increased loan facility this has got me stumped.
Could it be that they are having major water problems in the Fossey decline or do they want to fast track a massive drilling program at Switchback.
trading halt & capital raising, page-7
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