They should have about $4 million in cash after the last CR at 7.5 cents thru Patos who incidentally have put out a skimpy research report today. Pato's says resource when announced in July could exceed 200,000 ozs.
Plenty of processing facilities near them in the Murchison region so no need for own processing plant. I expect they will toll treat .
If you are new to the company and want to learn more give CEO Rob Waugh a call.
Ann: High Grade Gold Intersected Near Surface at Lena, page-5
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