"So $4m in the bank at the end of the quarter and Lidsey #2z drilling costs are $4m according to the entitlement offer document. Looks like there'll be no cash left by the end of the current quarter"
Gday Surandy70,
If you look at the expected cash outflows for the current quarter you will see it is only $800k for exploration and evaluation. IMO, UK will now be drilled in April / May.
Cheers
R
Ann: Quarterly Report and Appendix 5B , page-8
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