Ann: Exploration Update - 64North Project Alaska, page-79

this could be a very very silly play by me , but , im loading up, im overweight RML. its not something i would normally do, but i figure, RML needs more cash this year to satisfy the US5mil spending obligation in Alaska as part of the JB with Millrock.

i think there will be a pump during the next drilling capaign to get the SP up, you'll also have the hype and hope that one of the next 5 holes will hit the good shiny stuff.

RML team need the SP above 10c imo.

funds to be spent from existing reserves (4.5mil AUD) 3m US
funds to be spent and needed from future CR (2m US) 3m AUD

so another 3mil AUd required in next CR, that had to be done at 10c because the market cap wouldnt be big enough to allow such a raising ...

interesting times ahead imo