Hi Nobby,
They had to pass around the hat at yesterday's board meeting.
LOL!!
Just joking.
They have total of $9mln on hand.
The aim has been to get some drilling done and results. After that, if news is good, they will more than likely aim for a major JV partner.
73% of shares are held with parcels > 100,000.
Thats another reason why the share registry is pretty tight.
IMO the initial drilling will be the instigator for a major rerating of this stock - if, and i say "IF" results are good.
O/T
Meeting the GM end of next month for the job in Dubai.
If all goes well, i will be posting from over there in a couple of months.
Cheers markco2
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