Thunder I'm pretty sure that Tony Donaghy (aka "The Wolf") a world renowned nickel expert knows exactly what he's doing and he's designed and is overseeing the current exploration and drilling program.
As for cash they're well and truly cashed up and are now running a very lean operation, not to mention that they're drilling this hole to prove the existence of massive sulphides having formed and proof of that would be extremely significant.
If they can prove the existence of massive sulphides they would become the first Fraser Range explorer outside Sirius to prove that massive sulphides have formed on their tenement.
So with all that in mind I think we're in pretty good hands and in a fairly enviable position.
MRD Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held