Ann: Lachlan Update- Drilling to test multiple DHEM anomalies, page-11

The ground at Lachlan Fold is a stitch up.

Second pass drilling & they headline intercepts of 3m-5m? That’s called putting lipstick on a pig.

They conduct DHEM and now want to drill those new zones instead of the established targets. Translation: “The original target is crud, but we have these electromagnetic anomalies that might be better.”

Without Lachlan management have NOTHING to keep the hungry salary machine running. No reason to keep $10m or more of your money after selling the family jewels. Just think about that for a minute.

I really hope they return the full whack of cash to holders rather than burn more of it.