Ann: Quarterly Activities and Cash Flow Report, page-10

  1. 189 Posts.
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    Honestly I somehow feel they will need more of cash if they are going to be able to drill all the projects.

    Unfortunately though at these prices if there is any CR, its going to be bad, we can only raise like what $3.3 million with 15% limit, thats not good at all, but I guess we can still utilise our facility if need be so we can still raise over $10 million for a fact, without going running around and having to pay an additional 6% with over 20% discounts to the last share price. Though there will still be some dilutin with that facility.
 
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