Broker Research, page-216

its been estimated we're spending 3 to 4 million a month

With 4 Diamond rigs as we know are much more expensive than RC rigs which we have 2

So most likely 4 million a month is going out the door

At the end of June we had 17 million

End of July 13 million

End of this month it'll be 9 million

You would not sit back and wait for the funds to drop away to 5 mil

In my opinion next week we'll get results followed by a CR inside the next 4 weeks