drilling update from a238, page-6

they need to be quick with this drill campaign. If they don't get the sp moving north, it will basically mean a massive dilution. Technically I reckon they could reach a point where they become insolvent.

If they had cash of $2.5mil as at 30 Sept, then they would have had creditors of say 500k to $1mil. They will be building up the bills right now, and will need a cap raising just to pay for this drill campaign.. and the directors fees (more importantly)