Just to back up Lett's post, the money raised by the underwriter of the overhanging shares after the latest rights issue was a little over $200,000 I think, so that at time of the BML investors Presentation at Proactive's seminar cash on hand is shown as ~500,000 dlrs. at 7/6/16. Debt nil.
http://www.asx.com.au/asxpdf/20160607/pdf/437r2l1pb9662v.pdf
Regards.
Ann: JV Drilling at Takane to Test Potential New Mineralised Zone-BML.AX, page-12
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