I think drill rig for Death Adder has been secured for hopeful late April drilling. If so they will announce soon.
I still think there is other type of opportunities that they are still looking at. They announced a few months ago that they are scouring from Africa to South America, and although they have plenty on their plate now I am sure if something presents itself just like Robust did many years ago, Ian is now freed up to at least look at.
If something with huge potential comes up, I'm sure if it means getting more capital to secure something now, then I have no problem.
I would rather they use the money they have now on drilling what they have got, agree, and if anything falls on their lap deal with it, without eating into the current bank balance we have now.
TRF Price at posting:
40.5¢ Sentiment: LT Buy Disclosure: Held