drilling results anybody?, page-17

Lets hope that this is the case, i.e. cap raise soon.
It has been in their presentations for awhile as has next drilling phase, go back to the last few and see for yourself, so its not a bad guess. Also current bank balance wouldnt be enough to fund drilling so if they raise more it will have a purpose and would be very good news. Worst thing would be if they put this off another 6 months as drilling would then be put back further as well.
Alternative might be for major shareholders to tip more $ in. Either way hope it happens sooner rather than later, company needs to prove up a viable resource to see real SDL-equivalent market cap appreciation and the best way is via the drillbit.

Begs the question - why sell below 30cps? Must be desperate?