Assuming the Entitlement Offer goes well, GRL will have $3M+ in the bank.
That should be more than enough to fund us through to the Narraburra MRE upgrade (at the end of 2024) and the Yeoval MRE upgrade (in early 2024). If all goes well, the next six to nine months could be transformative for GRL.
Drilling at the Goodrich Prospect (at the Yeoval Project) should be close to completion now. Let's hope for some good intersections!
Ann: Quarterly Activities and Cash Flow Reports June 2023, page-2
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