Go and do some Dd and you will see they have cut costs a lot. around 90%?
All directors are now getting paid in Shares (no longer in cash)
Jason and Cfo gone...and that alone was the majority of fixed expenses.
There would be no need to raise cash for quarters as this quarter expenses would be kept to a minimum mostly to exploration in PNG.
But interesting to see how positive you are even not holding? why waste the time ...makes me wonder?
What am I missing?, page-11
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