This stock will be below 1c soon. Given they are down to $600k cash, if there is not a material change in the direction of the share price (because resource is proven), they will probably need to do a capital raising. The danger of doing it on the lows is the stock will be punished because we are all sick of the lack of progress and failure to deliver. I for one dont want to hear about another lease, or another area in the world they might have something. Just get on with this project in Mongolia. I wonder how many shareholders are simply holding on to get their money back? Me included and it's been 2 years.....
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This stock will be below 1c soon. Given they are down to $600k...
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