This is a strange one. So cheap at $3M market cap but looks like...

This is a strange one. So cheap at $3M market cap but looks like it has plenty of overhead resistance now.

Which of their projects is their 'company maker'?

If they just register duster after duster with each round of drilling, its not cheap at all. It's a dead-end.

If Billy Hills has legs, why jump over to Kurnalpi and start putting the focus there? Maybe just hammer away at Billy Hills and make that the 'company maker'.

I kind of hate the scatter-shot approach to exploration whereby companies fritter away their dosh leaping from project to project. If none of the projects is worthy of intense exploration focus, then maybe none of the projects has a realistic chance of amounting to anything.

A pile of junk with a $3 million market cap isn't cheap, as ultimately shareholder pockets will be raided (via CR's) to pay salaries and keep the lights on.