A lot of the terminology used is industry practice, ie an ongoing concern etc.
we have $1m left and some highly prospective dirt to drill yet so don’t let the few stirrers get to you just yet.
If the first round of drilling comes up with zero....start worrying.
i have stuck with companies that had auditors “ongoing concern “ only to be rewarded. That’s the gamble but this dog is not dead. A little flea bitten?? Sure, maybe even a bit of mange! But it’s not dead .
glta
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Ann: Half Year Accounts, page-9
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