We are drilling quite a few holes right now and many are testing...

We are drilling quite a few holes right now and many are testing loads that have already been located so have higher chance of success. Cash is fine for now, not sure why people keep bringing it up people were saying we need cash ages ago but funnily enough no raise has occurred.

Peter S is a gun operator and has kept raises to a minimum and just look at how cheap hes getting the drills done, the costs seem to be very reasonable, I hope the contractors keep there shares and get rewarded, this company is going to be a monster! its not if, its when IMO. The contractors will also win through securing a whole lot of future drilling that we will no doubt be queuing up in time. I am sure they are aware of this and are trying there best to help Aruma out to get it kick started.

Drilling certainly costs money but looking at balances we can do another large lot of drilling after this lot based on my rough calcs without further funds, so whilst we may raise if the opportunity arises, we are in no way being forced to any time soon.

Aruma is not understood by market IMO, and this will be equalized in time as infill drilling is completed and more positive hits come in. The odds are in our favor that they will based on the past drill results, we have had good hits, in fact they sent us sky rocketing in the first place, I would suggest largely fueled by people buying in that understood the model, we still have those large shallow medium grade loads waiting to be tallied up in JORC ounces and maybe then the market will pay attention.

Slate is certainly far from the fizzer many posters on here have made it out to be, lets let the JORC estimates speak for themselves, I feel we cant be to far away from preliminary figures after this lot of drilling so its certainly an exciting time to be a shareholder!