They had around $860 k in cash at the end of December , since then they have had a 10,000 meter drill program , guessing even with doing their own drilling it would cost around $120 a meter for results , so about $1.2M in costs plus they have admin costs so I wonder how long before ARS needs to go cap in hand to the market for funds ?
You else in WA can report those sort of returns , DRM has better drill results than ALT
Why did Nord pull out of bottlecreek after only about 16 months production ?
ARS Price at posting:
6.2¢ Sentiment: None Disclosure: Not Held