Totally agree poshman, you can't plan for that much bad luck,
and if they did have a cash balance of 20m sitting around some people would point the finger at unnecessary cap raising's before a drill, or hoarding money that they should spend more on exploration.
i think they did well to keep JKA in the drill, i just can't wait for COE to farm out.
anyway, the bidders statement should be out mid jan, that usually will have the top 10 shareholders in both companies, and a fair bit more information on the merged group including employee schemes.
JKA Price at posting:
8.6¢ Sentiment: LT Buy Disclosure: Held