cash position could be worse but its not bad. enough to keep them going for another 9 months or so which is plenty of time for them to get through some drilling, come up with something OK and then raise some capital to drill again. that's what explorers do.
if they come up duds again at Bryah Basin this time around then yep the SP won't look too good. it's been 6 weeks or so since they announced the start of drilling so results should be out soon.
Ann: Bryah Basin Drilling Underway , page-10
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