And just how is it going to get to 2.5c? A miracle? Are they going to put the $10m capital raising on the horses in the hope they back a few winners?
What is the business plan? From reading what they have put out so far it is to blow the $10m on a bloated corporate office maintaining minimum expenditure on the permits whilst crossing their fingers and toes for a farmin partner that will bear the brunt of the costs for any substantial exploration.
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