There is only $206k allocated for exploration for this quarter, i cant see any drilling being done for awhile now.
With out good news from Noble i fear no one will take up the SPP be stupid if you did, i also noticed its not under written either, that tells me the company is at a VERY high risk.
We really need Noble to come through or its over i'm afraid or try and sell off other assets, i cant see any way out of this this mess.
If it was me i wouldn't be spending any more money at Cangai until the permits were granted to remove the stock piles, looking at the terrain and the steep drilling locations at Cangai, the share holders would get better value for what money we have ..... using it at Broken Hill.
Cheers and good luck, back to my jacks and coke.
Edit- there will be only $400k left after this quarter.
