re: dangerousfool I never said drilling would never happen.
I have said the deposit will never be mined.
I said drilling in October was highly unlikely.
3 Days left in October and no drilling!
Excuses to start shortly as predicted.
In the meantime ridiculous amounts of money are being paid for administration.
A motion is being put forward for the issue of 3.2 Million Options. 3 Million are to be allocated to Vic and John
This is plain greed.
They are currently burning cash at $0.5M per quarter.
Most of which is being spent on ADMINISTRATION
At this rate they will run out of money in 18 months with out even sinking a hole.
Wonder no longer why this company has little respect in the Adelaide business community.
what will drilling mean?, page-4
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