There's a roadshow next week. Ask Fraser Tabeart! Definitely on the east coast, Tuesday in Brisbane. Company raised a tiny $1.2m late last year. There's a big exploration program planned for May-Sept. including deep drilling, I assume, searching for porphyry Cu/AU at Mars & Saturn. All of that drilling is helicopter supported so is expensive, in the range of AUD400pm. So roadshow + expensive exploration program = CR. That is not unreasonable is it?
So, what possible basis do you have for your statement @10?
News Article Newcrest & PolarX - Alaska, page-8
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