IronKing2010.Mate you can't even read a cash-flow statement, let alone know the cost of funding a drilling campaign (my estimate 100million to full JORC). Why don't you admit you were wrong with your header of " Only 2 mils left in the bank". As opposed to trieing to justify an incorrect statement borne of studpidity, by stating they have insufficient funds to adequately drill the deposit. They have enough cash to fund a good initial campaign and fund overheads, and have a multiple million dollar share portfolio they can liquidate for further funds, pre capital raising.
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- still 6.3 million in bank
still 6.3 million in bank, page-9
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