june act and cash flow out, page-32

Already fed up with the constant ongoing dilution to fund exploration folly when it could have funded a more economic production ramp up and cash flow.

For the size of the exploration budget over the past 3 years, which has been considerable (f'ing huge imo) I'm not convinced the results have justified it either.

I'm also thinking rowingboat is making sense on a lot of fronts and will be keeping an eye on what happens with the underground. Even though the price has dropped a lot I'm not yet convinced that Integra is in good-value territory yet. The decision to kill the share price to raise capital, and go for additional debt funding, without outlining a clear plan for those funds also raises questions. Firstly I think its easy to be spendthrift when constantly awash with cash and secondly it worries me that we're not getting a full picture on possible upcoming sink holes for that cash.