"The actual expenditure should, imo, be substantially the same as the prospectus"
Are you kidding? The prospectus info is based on the budget at the time which is based on the raising at the time. If the company is now in a position to substantially ramp up the drilling program because the valuation is much higher and they can raise more money then they are entitled to do that. It's called "building a company".
Extensive Copper, page-75
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