Dec quarterly only had 1.5Q of funding in the kitty, spend on exploration was dwarfed by staff and corporate/admin expenses...
No it wasn't. Exploration costs are shown in two different sections of the cash flow ("Operating" and "Investing") and totalled $721k vs $144k for all other costs.
@Shezbangr
Barring something completely unexpected yes, there will have to be another cap raise soon, no way around it. That's the nature of an exploration company - you can't explore with funding.
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