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$3.8m cash (31st of Dec)

$25m market cap (3rd of Feb)

@ 5.9 cps (3rd of Feb)


As you said, I also expect a capital raising very soon.  I thought 2 years ago they were a little too hyped and if you look at it today - they're much further along on their various projects and the SP is 2/3 of what it was and Resolute has sold off all their shares.  I might see how it looks after a raising,


I do have one new concern; I think it was in a RIU or Africa Down Under preso recently that the MD or Chairman actually said they could but were not going to put out a resource because gold sentiment was down and they could/would release a bigger one to benefit shareholders later down the road...or something along those lines... If I were a shareholder and heard that I would be driving into West Perth and politely be knocking on their door and asking WTF.   I suppose technically this is perfectly legal, but it seems rather strange to withhold (or not calculate) this information because the market is "down".


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