update needed on partly paids, page-2

I'll give you an update.
They will cancel the PPs.
They will burn the PP holders and the option holders.
They will spend the money on directors and consultancy fees
to themselves and then do a placement below 1c.
They will get half of in ground value for a couple of $mill by doubling shares on issue
and also place 200m 2.5c options to people they know.
This company is a feeding trough and once they get rid of all
connection to the previous trough feeders,
they might do some exploration.
They still have a year of cash to graze on still.
There will be no exploration until the dry season next year.