487 thousand left in the bank. Estimated cash outflows for NEXT quater is 260,000. That is 110,000 for exploration and evaluation and 150,000 for admin costs. That leaves 227,000 left over. No wonder RG was trouting off about a cap raising needed. How much pilot hole do you think they will be able to drill for 110,000 dollars next quater? Thats right. The pilot well WILL NOT be drilled next quater.
487 thousand left in the bank. Estimated cash outflows for NEXT...
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