Exactly!
There is too much speculation on the future CR.
In the paydirt interview, Zeff stated something along the lines of 'awaiting the results of the outstanding drills before planning the next move ahead, be it, additional rigs'.
To build a compelling case to attract the right money, it's imperative that we follow that course. It'll not only provide further clarity on the direction moving forward but further insight as to how the Ternera deposit is evolving and the value add strategy moving forward.
From the last Investor Preso in Sept, we currently have $5.65 Mil Cash!
From the last qtrly, Exploration for a Qtr is approximately $750K, we have 2 rigs, so let's double this to $1.5Mil per Qtr.
So, from the end September we have enough cash to last up to another 3 qtrs!
Though, I don't think we'd stretch it that far, but, definitely plenty of cash to at least see out all results up to drill #60 which comprises of further southerly step out drills!
