WELL for the life of me can't understand why one would pay $0.10...

WELL for the life of me can't understand why one would pay $0.10 to get into this company when SP $0.076 - you are behind the very first day (assuming SP does not lift).

there are a lot of red flags here IMO and if if management showed respect to SH's and were committed here they should be taking paycuts of at least 60% (and still be on a good wicket). As was mentioned above the funds won't last long at the rate that overheads (staff and admin not exploration) are spent.

yeah was keeping an eye on this one but just can't see how it will work especially given no off-takes which IMO was previously slanted at there was one in the wings - but I can see how the wording being used is quite "vague" - once you become aware of this there a lot that just doesn't stack up IMO