I am inclined to think that the reconsolidation may have been shelved for the time being. They have stated they only need $12-13m to complete this full 9 month drill program and they already have $7.5m of it in the bank from Feb/Mar raising at 3.75c. They may not need the rest until Oct-Nov by which time interim results will be known as well as any MOU's in relation to the available infrastructure - rail, port and plant/s.
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I am inclined to think that the reconsolidation may have been...
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