I guess the need for capital suggests the sale of the Coogee deposit is some way off.
That is very disappointing on behalf of the company.
We keep getting told there are numerous parties negotiating or the like (and well back into 2008) yet no deal (other than the aborted one) - all this with gold at AUD1250+.
An issue at these low prices is highly dilutive, by definition. Not happy Jan.
found this on irm releases, page-2
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