Less than $10k in the bank as of June 30, so probably selling down KAI now just to stay afloat. The cash from the sale of Wilcherry has been spent with no real progress and no sign of any funding package for Eureka, so next project on the chopping block will most likely be Jumbuck once the new owner of WPG assets is confirmed.
Gold strong, TYX weak and unable to capitalise on it. I won’t complain too loudly as I voted 7m shares in support of the current board so I get what I deserve. Now I will wait and hope Bruno can live up to the promise of mining Eureka soon, though right now that looks a long way off.
Ann: Quarterly Activities Report, page-4
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