I've just read both quartlerly reports, which state a cash position of ~3M. There is also mention of a >5,000m drill program, the construction of a 30 person camp, and an all weather road to be built before the next wet season.
Expected cash outflow in 2012 Q1 (i.e - now) of $1.1, leaving ~$2M. All this to me sounds like a capital raising in the next 3-6 months. Possibly insto's?
Any thoughts???
is there enough cash?
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