I guessitimate $700k at end June. Its abit hard to know the...

I guessitimate $700k at end June. Its abit hard to know the timing of some bills and the cash flow from Target funding. Should be OK until late in 2017 at least. Don't forget, its a very small company and pretty small cash burn, especially for the outsize results.

Reading the Melb Mining club presentation from last Wednesday, noted the following;

Plan scoping and resource drilling with target of first mineral resource by mid-2018.

I imagine that will be detailing Resolution Lode which is shaping as a serious $$$ earner. Ideally, NML can get some cash flow going to cover the $$$ burn. They also have a Air Core drill program running, will be interesting to see how many of the geophy targets turn into prospects and alluvial hits.