5 & 1/2 months, page-23

Just thinking about it, Al Reed has said that the resource is already of a decent size. Therefore perhaps they'll stop drilling now, and preserve cash to see them through to PFS. Now that finance is almost secured via this MOU, there is no need to increase the resource size to attract further interest.

Also, what hasn't been considered is the prospect of a short term loan from the JTC. I would imagine dilutution also isn't in their interest, as the better financial stability PLV has, surely is a positive for them also.

We probably have around $4mil in the bank right now, which if they stop drilling, will be more than enough imo!

I think we will see some sort of funding announcement pretty soon, and it may not necessarily be a cap raising, if you know what I mean.