I've re-read the activities report in its entirety.. Yes Ozapp, you have been on about drilling but I wouldn't call it 'banging on'. You've legitimately raised for a long time, what seems to be now recognised (finally!) as the most important issue..drilling to define the resource, so we can accurately target high grade reserves. Albeit we spent heaps mining for 3 -3.7g/t at losses for 3 successive quarters, spent the 'Notes Cash', and the spare million+, raised in the last CR. $26 million revenue in 12 months and we are hanging on by a fingernail, yet we apparently have "a well known cost structure".
CTL Price at posting:
0.9¢ Sentiment: None Disclosure: Held