Ann: Quarterly Activities and Cashflow Report, page-3

that sucks, to be honest im not that far behind you i think. doesnt seem to be many updates with the company. especially since the consolidation. would have thought there was a reason to and a plan in doing so.

but in going over the drops isince august, the volume has been 183,000 plus one day of trading on aug 30 that had 192000 volume traded around the 0.065c. it only adds up to roughly $12,000 respectiviely in trades.

from june 15 this year. shares went from .04c to .07c with a total volume of just 122,000 around $5000.(in the prior months, there was major dumping in the millions volume preceeding the consolidation.)

seems like it doesnt take much for this share to drop and rise. definitely needs to be a lot more news flow and release of information instead of the usual -

"During the quarter, the Company’s focus has been on identifying and pursuing potential assets which have synergistic operational with the Broula King Gold Mine assets. At the end of the quarter, the company remains in active discussions with the vendors of these assets.
Accordingly, whilst these discussions continue, exploration activities on the Broula King mining lease and adjacent exploration licence has been suspended until the outcome of these discussions are determined."
quarterly activities and cashflow report 23 oct 2017

have the talks concluded or progressed? has exploration re-commenced? is it a merger or purchase of assets alone, if so with what money?asipacs 300000 loaned in july? at what point had exploration ceased? why was there not an update or a release for the suspension of exploration until a quarterly activities and report?


"We draw attention to Note 1 in the financial report, which indicates that the Company incurred a net loss of $902,904 and reported negative operating cash flows of $760,024 during the year ended 30 June 2017 and, as of that date, the Company's current liabilities exceeded its current assets by $820,276. As stated in Note 1, these events or conditions, along with other matters as set forth in Note1, indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter."
page 30 annual report to share holders 20th sep 2017


there needs to be a serious turn around before june 2018 with some good news reports to gain interest in a capital raising as i seriously doubt they will make money elsewhere through their old tennemant leases.

holding till the agm results in the coming weeks hoping some of my concerns will be answered or at least have something positive released.