Ann: KAI Secures $150K in EIS Funding for Roe Hills Exploration, page-9

I agree of course they should have let this opportunity go, not that any other explorer would have applied for it, and continued to use the Companies cash resources. They should definitely not look for any opportunity to continue to preserve cash, this is of course so we can have another long hoped for CR!

They don't get the money (80%) until they have actually completed the drilling, which of course you knew, so it is an incentive to drill. Put simply, and typed slowly NO DRILL NO PAYMENT. Also all they have to do is drill, not necessary to find anything. It seems that some are happier if they believe that the Company is not doing anything but playing cards, drinking Chardonnay or being egotistical by making these types of announcements, who knows what activity could lead to?