Ann: Drilling Extends Gold Zones at Spur Project, page-26

At 31 October they had $6.44m cash plus shares in listed equities. Note the fine print needs to be read in the last quarterly as the 2nd tranche of the last placement settled after quarter end. We will get the 31 December cash balance in the quarterly out in the next few days. I expect they will have plenty of cash remaining given their burn rate and cheap RC to date. Peter runs a very tight and lean business with very disciplined cost control, saving dollars for drilling and supporting data. I estimate $4.5 to $5m cash plus equities as at 31 December IMHO.