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Ann: Activities Report and Appendix 5B for June 2, page-4

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  1. 21,227 Posts.
    re: Ann: Activities Report and Appendix 5B fo... sorry matchbox, but the way that watso read the report, was that maybe the company did not have all that much faith in the prospect. the prospect has been held for a few years, and yet the company has not managed to find a few hundred thousand, to drill a series of holes.

    ok - they want to farm the prospect out - but they will not get much of a deal, on the prospect.

    the quarterly shows that another capital raising is required, prior to xmas (unless short term loans, carry the day).
 
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