It looks like we will exhaust our budget for management costs well prior to our drilling budget. Probably end up using some of the drilling budget for management expenses. This is the effect COVID had on us I think, really slowed us down in our ability to go out and get exploring, with only one drill program completed to date over 7 months after listing.
Thankfully this seems to be changing. Round 2 at Mt Aubrey starting this week if not already going, Copper Hill East appears to have been pushed back from it's original timeline, but should be starting in August, as well as Gundagai North & South drilling from late August. My expectation of the company would be that we would have results from all of those programs by the end of this quarter.
No word yet on any activity on Lewis Ponds or Yeoval, and it might be interesting to see if any companies would show interest in an earn-in arrangement/
(20min delay)