bratt,
RC drill doesnot cost too much.
ENT had $1.3m cash on hand by the end of March, they started drilling in April, with more than 3000m, 15 holes planned, see below. so far ENT already drilled 3 holes, 600m at Plato.
"Drilling will commence at Plato, with approximately 1,500m of RC budgeted, and then move on to Highway, Heart and McPhersons prospects. Plato, Highway and Heart are considered prospective for copper/nickel/PGE mineralisation and were identified using soil geochemistry and HeliTEM data. (Refer ENT:ASX releases 21 June 2013 & 25 July 2013"
RMR has circa $2.2m cash now, so it sit much better financial situation than ENT in fact.
ENT's MC is $40m.
I think the key is the resource unground, if RMR's first drill returns Ni discovery, it will follow ENT's run.
Good luck.....the code RMR looks strong and should have a bright future.
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