I forgot about that one - at least we now know where we are in...

I forgot about that one - at least we now know where we are in terms of cash and if we're going drilling nearer the end of 2011 to prove up the new conceptual target, we'll need to top up the kitty. Hoping for a white knight, positive DFS, JV or takeover in the mean time.

"The Company has in excess of $5 million in working capital following repayment of the loan".

In fairness, CAZ has endeavoured to reduce dilution to such an extent over the years, it has almost been skeletal in approach. 121m shares floating around undiluted provides shareholders with a fair back up if they need to pass around the hat later and with NM relentlessly buying on-market, something may come from left field eg. an acquisition.

In the meantime, we alll wait for something "material".