KAL had a net cash INFLOW of $33k in the qtr ended Sept 2007 and cash in bank of $1.2m. So cash is probably not a pressing problem at the moment.
However, if they planned to mine their tenements, extra cash would be great and given the higher sp at the moment, it would be a good time to do a cap raising.
On the other hand the announcement could be the Senele results.
Either way, its looking good for KAL.
IMO of course...
