Quarterly says they expect to spend $900k so they theoretically expect to have $800k on march 31.
sh would say wait for drill results and cr at higher share price. But pragmatic directors might say it's better to accept cheap share offers in case of bad news and to ensure funds for new prospects and wages for next coupla years.
Ann: Deeper Nickel Targets Identified at the Eastern Mafic, page-33
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