Clearly not much...funding is the next hurdle.
Spending looks pretty good with another 6 months of funds at the current burn rate.
The real question is what can they turn the remaining $6m into?
Would love to see the following occur before end of March 19;
- focus on lifting the resource at Woodlark
- all other activity at other areas stopped (the market clea rly doesn’t value Cambodia or Fiji)
- clean up the share and company structure
- secure project financing for woodlark
Again, just my random thoughts.
Ann: Woodlark DFS - Investor Presentation, page-3
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