Ann: Mount Monger Gold Project, WA. Acquisition, page-2

Or to rephrase one of the sentences in the announcement: "For a very modest outlay, this project provides an excellent opportunity for the Company to spend more money on a project of doubtful value." I guess they have to do something, but it all seems like clutching at straws at the moment. Market cap seems quite low at the moment, but I can see it dropping towards $2m over the coming months due to lack of interest, lack of prospects and lack of funds.