You would have to see a CR or the like next year, as PIR will have ~$16m at the start of Jan 13. If they spend ~$6m each quarter, I hope it's late 2Q13 or later(actually I hope dilution and more shares never happens, but it won't be).
The delay in the drill results is the killer for us all as we still havent received all results from the previous campaign YET we are about to start a 100k metre campaign.
If we can push 5moz into the PFS I would be a happy chappy.
GL to all
PIR Price at posting:
$1.61 Sentiment: None Disclosure: Held