342,000 for administration costs! Per quarter!
Management are not worth one cent!
Where has the money gone??
If management are going to waste money like that they are better off drilling to improve the confidence category of the existing resource, then a proper value can be placed on the project.
If orpoa are going to dilute the crap out off the company then they better off selling a part of the project then using that cash to increase shareholder wealth on either Malawi and or upgrading the existing resource.
That's a better option than the constant dilution for little reward!
Ridiculous
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