Also I’d like to point out that at the time, De Grey had a very big drill program to define 4 deposits in one go, namely Aquila, Brolga, Crow and Diucon. Their cash burn was something like $15m or
more per quarter. We are nowhere near their stage at the time and we only have 2 targets to define, Luni and P2.
Ann: June 2023 Quarterly Activities and Cash Flow Report, page-18
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