Yea they've conveniently left any update on the gold plant out...

Yea they've conveniently left any update on the gold plant out of the last few announcements. Last we heard back on 8 May, would be fully operational by end of June. Something fishy going on I suspect, hopefully with the new directors we will get a bit more of an understanding of exactly what is going on and the relationship with Goldsmith. Have a feeling the latest announcements are gearing us up for a "due to unforeseen circumstances the plant has been put on hold, however don't worry as we now have PNG tenements/exploration at Grenfell etc etc."

Brewsters - pretty sure a raising of such a small amount of working capital would be to fund operational costs of running a listed company. Not enough money to get any of these smaller projects up and running.

Someone thought it worthwile to buy in at .025c, and even higher on market today, so more than happy to be proven wrong...