Wow, just woke up to the good news...what a great development! Might also explain the accumulating games that have been played during the last fortnight.
I guess the most significant aspect fort he company is having a new serious investor on the books. They obviously saw the potential during the presentation. If drilling results unfold according to plan it would open the door for increasing their stake which is exactly the kind of long term support the company is looking for.
The extra 3 mill in petty cash should be handy to start getting the stuff out of the ground. I wonder how much cash would be needed to get production going given it is sitting quite close to the surface?
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