dril ship secured..., page-8

Yes Wasa. I've seen that strategy used before. Raise cash on hype of pre drill. If she's a duster your left with the cash to live another day and the dilution is less. And not to mention the moneys easier to get pre drill than pst if you've had no luck. This shouldn't detract from the pcl as an exciting prospect ane the good news today , but, A small hint in there for the need for more cash maybe. How much is it to drill this one? And how much over and above the free carry 9 million? . Bank balance? They will definitely need to do some juggling going forward but wouldn't success at Mbawa make all that so much easier.