Ann: Quarterly Cashflow Report-AON.AX, page-3

According to company announcement on 26/4/16,
"Significant drill target identified for nickel at Fraser Range"
1.  Apollo will schedule drilling of the Plato target once the co-funding application(EIS) is approved.
2. The company expects a further $130,00 to be received shortly in respects of a Research and Development tax rebate.

Since then,
1.  I assume above mentioned tax rebate $130,00 being received from ATO.
2. Company formally received approval DMP's EIS scheme fund (likely to claim up to $150,000 for general multi-hole applications)
3.  It has raised $1.7m by issuing 34m new shares at 5cents each

Therefore, money is absolutely not the issue at all for FR drillings (Plato drillings first).
At the moment, I am fully enduring their brinkmanship  tactic to pass all resolutions and likely misleading the shareholders as it is totally different from 26/4/16 company official announcement.

Regardless, timing is almost perfect for FR drillings as nickel price is going up very smoothly and steadily, while LME nickel stocks are declining steadily. In addition, likely co-existent Co (cobalt) is in very huge demand for lithium-ion battery using.
Nothing better than now fro drillings.

Regards,


Regards,