From the quarterly as outlined in their trading halt."The cash position was $1.8million at 30 June 2013 (Appendix 5B).
The Company is in the process of finalising funding for ongoing project work now that it has met the key milestones of a resource update, licence renewal and the confirmation of considerable resources in high grade zones at the Mt Kare project"
So they indicated that it was coming, we just did not read it correctly. With the rapid rise in share price maybe it will be good news, no need to dwell always on the negative. Until it is released you are only guessing so relax and have a good weekend. cheers
Chia
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