A raising mid year looks about the right time. $350,000 to be spent for this QTR. It is good to see there thinking about some sort of treatment that could be done at the GTS site too. I'm happy to open my wallet at anytime to kick PRE along. As I have said months ago, Kelly IMHO will be huge. I hope they do a consolidation before or with a raising. There was nothing from left field in the quarterly report, but it does give a bit of insight on what they are thinking. They want more funds to go back to PRE rather than fill another companies coffers. Cheers
My belief is that resource etimate will come way before any raising announcement. Keep in mind that if i'm correct, the figure would most likely be higher again as further drilling is proposed soon. All my opinions. Cheers On hols so will jump on from time to time. Caught a nice flounder and a 45cm Skippy yesterday. Lots of fun.
PRE Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held