1.4 Qtr cash as at June 30th. Either pull back on drilling, or raise funds. Going by last qtr cash burn they would be less than a Qtr left. Better to do a small fund raise now (good SP) and be in a better financial position when negotiating external plant funding IMHO.
Or re-jig the plan to start U/G mining first using existing plant. Build new plant depending on further drilling success at Murchisons or use 3rd party plant if not sufficient gold for independent plant. (I suspect we have enough gold in ground to built a plant, but requires Resource upgrade)
Why is price moving up? Leaky ship?, page-24
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