"FINANCIAL POSITIONAs at 31 March 2013 the group’s consolidated...

"FINANCIAL POSITION
As at 31 March 2013 the group’s consolidated cash balances was $2.14m, including funds held by the CJV in China."

You would assume that the new drill rig would have had to paid for upfront prior to delivery.

"Each of the two upcoming evaluation wells is expected to cost around A$600,000."

"with each well expected to take around 15-20 days to drill and test"

Should see some fireworks with this stock come early June i would say.......