Ann: Quarterly Activities Report, page-200

relax the positive of RMX is that we have cash so a cap raise shouldn't be required

the thing you have to watch out for in shells is if a company has low cash balances to pay for wages/acquisitions/drilling campaigns then they do a cap raise at low levels which dilutes the register

we have enough for all 3 for quite some time (depending on the acquisition)

I know its a pain in the behind that we haven't had anything in ages but IMO there is very little downside from here.

if it takes 6 months to find another play i don't care - ill keep averaging down until then. but ill have confidence that they are trying to find something and are trying to find something that isn't a bust