yes, but the projects are all within their range of US$1-2M per project.
Later in the year, when the cashflow from Scott and Harrison and Gracitas begins, they will have enough cashflow to cover most of their exploration costs each quarter. And given the number of prospects they have yet to drill, we are going to get a mighty run for our money.
And each prospects is potentially big enough to make a difference to the share price, yet not costing enough to sink the ship. Their strategy is working perfectly as far as I am concerned.
This is a very smart bunch of guys.
AZZ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held