Looking at the annual report, they have committed $US 11M for drilling and exploration/development during this year.
That's a big positive -- previously (to the best of my knowledge) they had not provided a firm number of expected expenditure on drilling....
I am very comfortable with them spending $US 11M -- this should leave them with atleast $A 15M cash surplus at years end from operations...
BIG_N
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annual report and maths, page-4
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