minoil - I read the Q today I think its $1.06m+ cash with 400k Bligh shares and a con note which gets them $200k cash in Jan 2016 or 4m shares a 5c so they can slowly convert to shares and sell and get more money if Bight for a run but terrain are guaranteed 5c for any of the 4m shares still left at maturity of the con-note. So you have it more like $1.3~ cash.
Sounds like they are planning more drilling at Great Western I hope they get right on to it.
great western, page-2
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