It is definitely helpful, and I think it will be enough to allow us to do a decent deep drilling campaign at 64North without us having to spend every last cent.
As per the quarterly, we had $1.75m in the bank, but that was almost 2 months ago.
I can't remember exactly, but I believe drilling is about $200/m, and we want to go down to at least 400m. And we need to drill a few holes. And the AUD has fallen against the USD, so that in an extra 10% or so on what it would have been 4 months ago.
We will need to raise, the extra $300k will absolutely help in the near term.
Ann: Significant Farm-in Agreement with Oz Minerals - Wollogorang, page-8
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